The British weekly magazine Economist named Bank of Japan Gov. Toshihiko Fukui as the world's best central banker in its Feb. 14-20 edition, setting aside his better-known counterparts in the U.S. and Europe.

In an article titled, "Toshihiko Goldilocks," the magazine praised Fukui despite Japan's economic woes because he "has been in his job for only 11 months and has, for once, actually steered monetary policy in the right direction."

According to the Economist, Fukui "has shown greater zeal to use unorthodox monetary policies."