articles & speeches
How the Dubrovnik Economic Conference Originated By Marko Škreb, Dubrovnik, June 2019. articles & speeches 25th Dubrovnik Economic Conference, organised by the Croatian National Bank In the margins of the 25th Dubrovnik Economic Conference, organised by the Croatian National Bank in June 2019, Marko Škreb, former CNB Governor, gives an account of the origin and…
Macroeconomic Imbalances and EU Convergence By Marko Škreb, 7 November 2019. articles & speeches Closing remarks at 2nd Annual CBBH Research Conference “Macroeconomic Imbalances and EU Convergence” It is a great honor for me to give closing remarks at this important Conference. However, it is a tough task after all those interesting presentations, papers, discussions…
Will there be a ”new normal” in monetary policy any timesoon? By Marko Škreb, 1 November 2018. articles & speeches Will there be a ”new normal” in monetary policy any timesoon? Firstly, one would have to be more precise what is mentby normal in this context. By “normal” we usually considersome past “average” of what…
The Faces Of Convergence E-Book By Group of authors. 27 May 2019. articles & speeches "The Faces of Convergence" is a collection of 34 short essays The Faces of Convergence e-book is a collection of 34 short essays by people who made major contributions to the process of convergence in the countries that joined the…
Should Governors Be Worried? 29 May 2018, Dublin. articles & speeches Changes and Challenges in Central Banking Central banking has a three hundred-plus-years history. It would be quite a walk to do its full length. But, as some people decide to walk only part of the famous Camino de Santiago to find their spiritual enlightenment,…
Cashless Society And De-Dollarization In Ukraine VISNYK OF THE NATIONAL BANK OF UKRAINE | December 2016 articles & speeches What is missing from present discussions? The National Bank of Ukraine stepped on the track to a cashless economy aiming at reforming the financial system, improvement of the transmission mechanism, and reduction of the underground economy…
Monetary Policy Peer-To-Peer Workshop And Governors’ Forum November 5-7, 2014, Zurich, Switzerland articles & speeches Caucasus and Central Asia (CCA) One can hope that in the CCA economies the soft budget constraint is no longer an issue for private companies and state-owned ones. However, as a rule, one economic agent can often still enjoy soft…
Independence Of Central Banks: Myth Or Reality Malabo, Equatorial Guinea, 28. August 2014 articles & speeches Association of African Central Banks, 2014 Symposium Initially the concept of independence of central banks was focused on the central bank’s monetary policy objective. Since the early 1990s was a broad consensus that for a central bank inflation or…
Futuristic View Of Banks In Albania Tirana, 19 December 2012 articles & speeches Speech at the Albanian Association of Banks New Year Dinner It is a great privilege and a special honour to have an opportunity to address this gathering tonight. Banks in Albania, as I have recently learned, have a long history. The AAB,…
Prerequisites For Reform SEESOX And Bank Of Albania Seminar Speaking notes, June 2012 articles & speeches Regional High‐Level Seminar on the Subject of South East Europe We have heard two papers that explore in detail the role of institutions and limited fiscal space. So, the question we are pondering on is how to have more…
The Impact Of The Euro Crisis And Investment Opportunities In Bosnia And Herzegovina May 11th, 2012, St Antony’s College, University of Oxford articles & speeches The Impact of the Euro crisis on the Financial Stability What is the euro crisis? By the euro crisis I do not mean only the crisis of the eurozone, but…
Rethinking Central Banking In The 21st Century compasscayman.com, January 18, 2012 articles & speeches Some Advice from an Ex-central Banker Central banking has experienced a tremendous change in the last three decades. From "behind the scene" secretive rulers of the world (the Plaza Accord of in 1985), to the period of great moderation, attributed to…
South East Europe: Investing In The Future Session 1: Political Economic Context 2 Dec 2011 articles & speeches SEESOX, St. Anthony's College, University of Oxford The eurozone sovereign banking and fully blown financial crisis is unfolding daily in front of our eyes. 1.How is the situation in the eurozone today affecting the SEE countries? The…
Futuristic View Of Banks In Albania Tirana, June 21st, 2011 articles & speeches Current Economic Challenges and Regional Co-operation in Southeast Europe There is no substitute for hard work. T.A. Edison. This, I think is the most important lesson I have drawn so far. Let me be more specific about what I have in mind…
Financial Challenges For The B10 Central Banks Sarajevo, September 13 and 14, 2007 articles & speeches 10th Anniversary of the Central Bank of Bosnia and Herzegovina The topic of this session is quite challenging. Its title:”Monetary Stability in the Function of Financial Stability” implies, if understood literally, the role of monetary policy (as an independent…
Central Bank Modernization Neil Courtis and Peter Nicholl, (editors), Central Banking Publications, 2005 articles & speeches Do all central banks need a well developed brain? The focus in this paper will be mostly on central banks in less developed economies and some emerging economies, especially transition ones. There is no need for elaboration of the…
The Croatian Banking Crisis Toronto International Leadership Centre, 2004 articles & speeches Importance of the banking sector in transition economies Commercial banks have played and will play a very important role in transition economies. But, to fulfil the demanding task of efficient financial intermediary, the banking sector must to undergo significant changes. It must be…
The Transition Process – It’s All About People, Isn’t It? EBRD Ninth Annual Meeting, Riga, Latvia, 21 May 2000. articles & speeches What is the transition process all about? Numerous researchers have analysed in depth the transition process in terms of speed of reforms, their sequencing, results and possible outcomes, but rarely do we ask…