Grading System on Global Finance

The shift from a B- to a C grade for the student's performance has left the entire village concerned, but they remain unaware of the school the child attended and the subjects they were studying.

The Central Banker Report Cards, an annual publication by Global Finance since 1994, assess central bank governors from 101 countries, including the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States, and the Central Bank of West African States.

Global Finance editors, in collaboration with analysts, economists, and financial industry experts, evaluate the world's leading central bankers using a grading scale from A to F, where A is the highest and F the lowest. These evaluations are based on a combination of objective and subjective criteria, including the effective implementation of monetary policies tailored to each country's economic conditions. These assessments cover the period from July 1, 2021, to June 30, 2022, and require a governor to have served for at least one year to receive a letter grade.

To ensure consistency across different regions, an algorithm is applied to harmonize the grades, with a perfect score of 100. This proprietary algorithm considers various factors, including monetary policy, bank and financial system oversight, asset purchase, and bond sale programs, the accuracy of forecasts, quality of guidance, transparency, independence from political influence, success in meeting specific mandates (which vary by country), and both domestic and international reputation, all weighted according to their relative importance.