Brazil: Alexandre Tombini, has a PhD in Economics from University of Illinois, and Bachelors in Economics from the University of Brasilia. He is the head of the Banco Central do Brasil. The bank controls the economy via adjusting the SELIC rate (overnight borrowing rate), the SE standing for Sistema Especial.
Russia: The Russian Central Bank is led by Elvira Nabiullina who studied at Moscow State University. Its primary responsibility is to protect the stability of the Russian Ruble. It part-owns the Russian commercial bank Sberbank.
India: Raghuram Rajan (appointed in August 2013, for a three year term). BSc, IIT Delhi, Electrical Engineering, PhD in management from MIT in 1991. He has published a book called "Fault Lines" which won the Goldman Sachs Business Book of the Year Award in 2010. He was the former Director of Research at the IMF. While at the IMF he published a paper entitled: "Has Financial Development made the World Riskier?"
UK: Mark Carney, also Chairman of the Financial Stability Board (FSB), has a PhD in Economics from Nuffield College, Oxford and was formerly Governor of the Bank of Canada.
China: (People's Bank of China), Zhou Xiaochuan, since 2002. His wife, Li Ling, is a senior member of China's Ministry of Commerce. He has introduced reforms to recruit "sea turtles" (overseas Chinese with experience of real capitalist markets).
Russia: The Russian Central Bank is led by Elvira Nabiullina who studied at Moscow State University. Its primary responsibility is to protect the stability of the Russian Ruble. It part-owns the Russian commercial bank Sberbank.
India: Raghuram Rajan (appointed in August 2013, for a three year term). BSc, IIT Delhi, Electrical Engineering, PhD in management from MIT in 1991. He has published a book called "Fault Lines" which won the Goldman Sachs Business Book of the Year Award in 2010. He was the former Director of Research at the IMF. While at the IMF he published a paper entitled: "Has Financial Development made the World Riskier?"
UK: Mark Carney, also Chairman of the Financial Stability Board (FSB), has a PhD in Economics from Nuffield College, Oxford and was formerly Governor of the Bank of Canada.
China: (People's Bank of China), Zhou Xiaochuan, since 2002. His wife, Li Ling, is a senior member of China's Ministry of Commerce. He has introduced reforms to recruit "sea turtles" (overseas Chinese with experience of real capitalist markets).
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