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Central Banking Studies Articles

Summer 2006 The Centre for Central Banking Studies (219k)
(By Gill Hammond of the Bank's Centre for Central Banking Studies). This article describes the origins and current activities of the Centre for Central Banking Studies (CCBS) at the Bank of England. The CCBS was set up in 1990 to provide training for central banks overseas. The catalyst for its creation was the increase in demand for such training from former communist countries in transition to market economies. Since then, the CCBS has evolved and today acts as a forum for the study of the analytical and technical aspects of central banking, in order to promote best practice in all central banks. Through the Centre, the Bank of England has relationships with almost all the other central banks in the world; to date, more than 15,500 delegates from 173 central banks have taken part in our activities, in London or abroad.
Summer 2004 Perfect partners or uncomfortable bedfellows? On the nature of the relationship between monetary policy and financial stability (83k)
(by Chay Fisher of the Bank's Financial Stability Assessment Division and Melanie Lund of the Bank's Centre for Central Banking Studies). The first annual Chief Economist Workshop, organised by the Bank of England's Centre for Central Banking Studies (CCBS), brought together economists from over 30 central banks. It marked a changing path for the CCBS as it increases its role in providing a forum where central bankers and academics can exchange views on central bank policies and share specialist technical knowledge. The topic for the inaugural meeting was the interplay between monetary policy and financial stability, an issue that has risen to prominence in international debate in recent years.
Winter 2002 The Centre for Central Banking Studies (2.7M)
(by Peter Sinclair, Director, Centre for Central Banking Studies). The Bank of England's Centre for Central Banking Studies (CCBS) conducts training, seminars and collaborative research with and for central banks in the rest of the world. It enjoys contact with some 150 of these, and now averages over 1,000 training contacts each year in all. The typical medium is a week-long course in London or abroad. These cover nearly all subjects of concern to central banks, with a growing emphasis, among other topics, on forecasting and econometric modelling for monetary policy. CCBS handbooks and other publications are read all over the world; some 8,000 electronic download requests for handbooks are received each month.

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