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.