Global Finance
magazine is out with its annual report cards for the world's most central
bankers. The grades, which range from A to F, are based on banker's success in
controlling inflation, fostering economic growth, and managing interest rates. These
10 bankers have not been up to the task and score lowest according to Global
Finance.
Mercedes Marcó del Pont, Argentina; 2012 Grade: D; Core inflation: 9.8% (official number,
independent estimates are higher); Unemployment: 7.5%; Benchmark interest rate: 14.125%
Pedro Delgado, Ecuador; 2012 Grade: D; Core inflation: 5.09%;
Unemployment: 5.19%; Benchmark interest rate: 0.2%;
Masaaki Shirakawa, Japan; 2012 Grade: C-; Core inflation:
0.2%; Unemployment rate: 4.4%; Benchmark interest rate: 0.1%;…
Duvvuri Subbarao, India; 2012 Grade: C;- Core inflation:
7.0%; Unemployment rate: 3.8%; Benchmark
interest rate: 8%...
Andras Simor, Hungary: 2012 Grade: C; Core inflation: 3.49%;
Unemployment: 11%; Benchmark interest rate: 7%...
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