The rating was composed among governors of 74 central banks from all over the world. 35 of them maintained their rankings, 26 central bankers went down by several points, and 13 of them managed to improve their results.
Global Finance has been publishing the rating of best central bankers for 22 years. Such criteria as inflation control, currency stability, and economic growth are applied. As a result, a governor gets a mark from A to F. A is the highest score.
Carlos Fernández Valdovinos
Country: Paraguay
Rating of 2016: А
Rating of 2015: А
The Governor of the Central Bank of Paraguay got on the list of the best central bankers for a second straight year. His smart management helps to control the inflation rate. The country's attractiveness for investors is underpinned by its steady economic growth. Analysts forecast that Paraguay economy will expand by 3-3.5% in 2016.
Elvira Nabiullina
Country: Russia
Rating of 2016: А
Rating of 2015: В
Julio Velarde Flores
Country: Peru
Rating of 2016: А
Rating of 2015: А
Julio Velarde Flores took the post of the governor of the Central Bank of Peru in September 2006, but he managed to reach such a high level in the rating only in 2015. The policymaker admits that it was difficult to hold the inflation at 2% but he fulfilled this task successfully. Besides, economic indicator improved significantly with the lead of Flores.
Mark Carney
Country: the UK
Rating of 2016: А
Rating of 2015: В
Mark Carney was governing the Bank of Canada from 2008 to 2013, and in June 2013 he was appointed the head of the Bank of England. At the Brexit referendum he advocated staying in the EU. Carney uses all possible tools to soften the exit procedure and reduce risks to the economy.
Amando Tetangco
Country: Philippines
Rating of 2016: А
Rating of 2015: А
Amando Tetangco was appointed the Governor of the Central Bank of Philippines in 2005.
Tetangco's efforts helped to lower inflation rate and reduce the interest rate to 3.75% which boosted the economic growth.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
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