Global Finance Grades The World’s Best and Worst Central Bankers 2015

Global Finance ^ | 08/24/2015

[SeekAndFind]

NEW YORK, August 24, 2015 — Global Finance magazine has named the heads of the Central Banks of the Czech Republic, the European Union, India, Israel, Malaysia, Paraguay, Peru, the Philippines, and Taiwan as the World’s Best Central Bankers over the past year, in recognition of their achievement of a prestigious “A” grade on Global Finance’s Central Banker Report Cards.

August 24, 2015

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In addition, the Central Bankers of Colombia, Saudi Arabia and the United States earned “A-” grades.

The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of nearly 75 key countries (and the European Union) on an “A” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. (“A” represents an excellent performance down through “F” for outright failure.) Subjective criteria also apply. This year, 5 central banks are being graded for the first time (Botswana, Iceland, Namibia, Paraguay and Uganda).

Global Finance publisher and editorial director Joseph Giarraputo notes, “Global economies are starting to recover. This comes despite a number of challenges, including a strengthening US dollar and the end of the Federal Reserve’s easy money policy. Central bankers remain crucial in overcoming these hurdles. Sound monetary policies can dampen the effects of currency swings and rising interest rates—and thus spur economic growth. As our scores show, some central banks have fared better than others in devising such policies. Our grades also reflect the willingness of central bankers to stand up to political interference as well as their ability to influence government policies on spending and foreign investment.”

The full Central Banker Report Cards 2015 report will be published in the October issue of Global Finance.

The Central Bankers earning an “A” rating in the Global Finance Central Banker Report Card feature publishing in the October issue are:
Czech Republic	Miroslav Singer	A
European Union	Mario Draghi	A
India	Raghuram Rajan	A
Israel	Karnit Flug	A
Malaysia	Zeti Akhtar Aziz	A
Paraguay	Carlos Fernandez Valdovinos	A
Peru	Julio Velarde Flores	A
Philippines	Amando Tetangco Jr.	A
Taiwan	Fai-Nan Perng	A
The Central Bankers earning an “A-” rating are:
Colombia	José Dario Uribe Escobar	A-
Saudi Arabia	Fahad al-Mubarak	A-
Unites States	Janet Yellen	A-

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Full Listing | 2015 Central Banker Report Cards

CENTRAL BANKERS		2015 GRADE	2014 GRADE
The Americas
Argentina	Alejandro Vanoli	D	N/A*
Bolivia	Marcelo Zabalaga Estrada	B+	B
Brazil	Alexandre Tombini	B-	B-
Canada	Stephen Poloz	B-	B
Chile	Rodrigo Vergara	B+	A-
Colombia	José Dario Uribe Escobar	A-	A-
Costa Rica	Olivier Castro Pérez	B	B
Ecuador	Diego Martinez	Too early to say	B-
Guatemala	Julio Roberto Suarez	D	N/A*
Mexico	Agustin Carstens	B+	B
Paraguay	Carlos Fernandez Valdovinos	A	N/A**
Peru	Julio Velarde Flores	A	B+
United States	Janet Yellen	A-	Too early to say
Uruguay	Mario Bergara	B	N/A*
Venezuela	Nelson Merentes	D	D
Europe
Belarus	Pavel V. Kallaur	Too early to say	N/A*
Bulgaria	Dimitar Radev	Too early to say	N/A*
Czech Republic	Miroslav Singer	A	B+
Denmark	Lars Rohde	B+	B+
European Union	Mario Draghi	A	A-
Hungary	György Matolcsy	B	B-
Iceland	Már Guomundsson	B+	N/A**
Norway	Oystein Olsen	B+	B-
Poland	Marek Belka	B	B-
Romania	Mugur Isarescu	B	B
Russia	Elvira Nabiullina	B	B
Sweden	Stefan Ingves	B	B+
Switzerland	Thomas Jordan	B+	A
Turkey	Erdem Basci	C	B-
Ukraine	Valeria O. Gontareva	C	Too early to say
United Kingdom	Mark Carney	B	B-
Asia
Australia	Glenn Stevens	B	B+
Azerbaijan	Elman Rustamov	C	C
Bangladesh	Atiur Rahman	B-	C
China	Zhou Xiaochuan	C	B-
Hong Kong	Norman Chan	B	B
India	Raghuram Rajan	A	A
Indonesia	Agus Martowardojo	B-	B
Japan	Haruhiko Kuroda	B	B+
Kazakhstan	Kairat Kelimbetov	B-	C
Malaysia	Zeti Akhtar Aziz	A	A
New Zealand	Graeme Wheeler	B	B
Pakistan	Ashraf Mahmood Wathra	B-	Too early to say
Philippines	Amando Tetangco Jr.	A	A
Singapore	Ravi Menon	B-	B
South Korea	Lee Ju Yeol	B	Too early to say
Sri Lanka	Arjuna Mahendran	Too early to say	N/A*
Taiwan	Fai-Nan Perng	A	A
Thailand	Veerathai Santiprabhob	Too early to say	N/A*
Uzbekistan	Fayzulla Mullajanov	C-	D
Vietnam	Nguyen Van Binh	B-	B-
Middle East & Africa
Algeria	Mohammed Laksaci	B	B-
Angola	José Pedro de Morais	Too early to say	N/A*
Bahrain	Rasheed Mohammed Al Maraj	B-	B-
Botswana	Linah Mohohlo	B+	N/A**
Egypt	Hisham Ramez	B	B
Ethiopia	Teklewold Atnafu	B+	B-
Ghana	Henry Kofi Wampah	C	C
Iraq	Abdul Basit Turki	C	B-
Israel	Karnit Flug	A	A
Jordan	Ziad Fariz	B+	B
Kenya	Patrick Njoroge	Too early to say	N/A*
Kuwait	Mohammad Yusuf Al-Hashel	B-	B+
Lebanon	Riad Salamé	B+	B
Morocco	Abdellatif Jouahri	B+	B
Namibia	Ipumbu Shiimi	B	N/A**
Nigeria	Godwin Emefiele	C	Too early to say
Oman	Hamood Sangour Al Zadjali	B+	B
Qatar	Abdullah Saud Al-Thani	B+	B
Saudi Arabia	Fahad al-Mubarak	A-	A
South Africa	Lesetja Kganyago	B+	N/A*
Tunisia	Chedly Ayari	B-	B
Uganda	Emmanuel Tumusiime-Mutebile	B	N/A**
United Arab Emirates	Mubarak Rashid Al Mansouri	B	N/A*

* Central Bank governor was graded in 2014, however a different governor held the office.
** New country addition to the Central Bank Report Cards in 2015, therefore no grade was given in 2014.

[Nep Nep]

Global Finance Land, where all the central bankers are above average

[Slambat]

Well I guess Global Finance magazine is as full of it
as NOAA.

Janet Yellen A-? Really?

This is a joke right?