It should be noted that the Global Finance magazine evaluated the heads of the Central Banks 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.)
The head of the Czech Central Bank Miroslav Singer received the highest value for his work last year.
Also, the "A" mark was received by the well-known head of the European Union's Central Bank, Mario Draghi. Let's remind, this Italian economist has been the chairman of the main bank of the European Union since 2011.
Another effective employee was the head of the Indian central bank Raghuram Rajan. Prior to being elevated to the post of Central Bank governor, Rajan was holding the office of the chief economist at IFM. Rajan is also the author of many popular books on economics.
Karnit Flug, the head of the Central Bank of Israel, also won an honorary place in this ranking. This woman has been the head of the country's main bank since 2013.
Head of the Central Bank of Malaysia Zeti Akhtar Aziz also pleased her country with the highest mark from the Global Finance.
The head of the Paraguayan Central Bank, Carlos Fernandez Valdovinos, was also awarded the highest "A" mark. Under his leadership, the economy of the southern country rose by 4.6%.
Julio Velarde Flores, the head of the Central Bank of Peru, was also recognized as one of the most effective CB governors.
The chairman of the Central Bank of the Philippines, Amando Tetangco, who became the head of the Central Bank of the country in 2005, also won the highest place in the ranking of the best chairmen of the world's central banks.
Perng Fai-nan, the head of the Central Bank of Taiwan, also was awarded the "A" mark.
It should be noted that the chain of the most effective heads of the Central Banks is closed by the economists with the "A-" mark.
Thus, the head of the Central Bank of Colombia, Jose Dario Uribe Escobar received the "A-"mark for his activities from the Global Finance. Minus does not play a big role. Such an assessment is also considered the best.
The same mark was received by the head of the Central Bank of Saudi Arabia Fahad Al-Mubarak.
Janet Yellen, the head of the US Central Bank, closes the rating of the best governors of the world's central banks with the "A-" mark.
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