Bank of England Rational Expectations Hypothesis as promulgated by Walters The handing over of monetary policy to the Bank had been a key plank of the Liberal Democrats' economic policy since the 1992 general election. Conservative MP Nicholas Budgen had also proposed this as a private member's bill in 1996, but the bill failed as it had the support of neither the government nor the opposition. Mark Carney assumed the post of Governor of the Bank of England on 1 July 2013. He succeeded Mervyn King, who took over on 30 June 2003. Carney, a Canadian, will serve an initial five-year term rather
Mervyn King (judge) European Corporate Governance Association. He chairs the Asian Centre of Corporate Governance, the United Nations Committee on Governance and Oversight, and the Global Reporting Initiative. He is the Chairman of the International Integrated Reporting Council. In South Africa, King holds the following positions: King has addressed conferences and lectured on corporate issues in 38 countries. He is a regular speaker on radio and television talk shows and had his own television series, "King on Governance". King is married to Elizabeth Mae Miller; they have two sons. Mervyn King (judge) Mervyn Eldred King (born 22 July 1937, Johannesburg) is a South