San Francisco, California
London, United Kingdom
Sir John Gieve served as Deputy Governor of the Bank of England from 2006 to 2009. He was also a member of the Monetary Policy Committee and sat on the board of the FSA. Before joining the Bank, Sir John was Permanent Secretary at the Home Office and before that he spent twenty years at the Treasury, involved in banking and City regulation, energy, public services and the Budget.
Sir John will give his Inaugural Lecture in his role of visiting Professor at UCL .
'The politics of central banking - accountability and independence in a complex world'
The authority and independence of Central Banks had probably never been higher than in 2007 when the financial crisis derailed the Western economy. Five years on they have emerged with additional powers and with their independence confirmed and it is governments which take the flak for languishing economies. Have we got the balance of powers and responsibilities between Banks and Governments right? In a world where inflation targeting has come under question and new economic policies are being developed, what sort of Central Bank independence is appropriate and possible?
When & Where
UCL Department of Political Science
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