Bank of England has a “striking” lack of top female economists, its new governor says

09.08.2013 17:40
Bank of England has a “striking” lack of top female economists, its new governor says

YEREVAN, August 9. / ARKA /. The Bank of England has a “striking” lack of top female economists, its new Governor Mark Carney said, according to The Telegraph.

He pledged to create a pool of candidates for its rate-setting committee who will eventually become good enough to be the first female governor in the Bank’s 300-year history.

He added that the Bank has to “grow top female economists all the way through the ranks”. The ultimate aim is to “add to the diversity of macro-economic thinking and add to qualified candidates for  the monetary policy committee, including qualified candidates for a future governor”.

Only four of 33 senior economists to serve as rate-setters since the Bank was granted independence in 1997 have been women.

The committee has been male- dominated since housing specialist Kate Barker’s term came to an end more than three years ago — in contrast to the United States, where the Federal Reserve vice chairwoman Janet Yellen is a leading candidate to take over  the top job. -0-


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