Online debates and policy forums

Central Banking online debates - 2011 series

This year, we present to you the Central Banking ON AIR debate series, sponsored by BNP Paribas Securities Services.

The debates will cover the most important issues facing the profession and will give you, the viewer the chance to comment and put your questions through in advance of the live debate. You can then watch expert panellists discuss and respond to your comments live online.

NOW available on-demand!

NEW! That which does not destroy the euro, makes the euro stronger

After a decade gaining credibility and market acceptance, 2011 has seen the euro gripped by crisis. Waves of banking and sovereign debt crises have exposed deep fissures in the economic and financial policymaking at the heart of Europe. Even the European Central Bank, the bastion of single currency, has seen its much-prized unity fall by the wayside amid rancorous votes and high-profile resignations. Markets now doubt not only the ability of Europe's policymaking elite to resolve the crisis, but their will to do so. How can Europe save its single currency? Can this experience be used to improve the policies and institutions that affect it?

Find out more about this online debate and register for FREE here.

Central Banking ON AIR debate: The future of central banking

The financial crisis has challenged ideas of what roles a central bank should play in an economy and markets.

It has reopened questions that the profession thought had been settled.

The forthcoming Central Banking ON AIR debate, sponsored by BNP Paribas Securities Services, will discuss the key policy and institutional debates facing central bankers today.

More information about what the panel will discuss and register for FREE here.

Now available on-demand

Recent years have raised many fundamental questions about official sector reserve management. The eurozone crisis has highlighted that no sovereign's debt can be assumed completely safe. And a flight to safety has once again underlined the advantages of holding assets such as gold and US Treasuries.

Critical issues must be addressed.

Watch the on-demand video for free

Now available on-demand

With much of the economic theory that has influenced central banking in recent decades undermined by the crisis, some argue that policymakers can no longer adhere to the rules-based frameworks founded in such theory.

Further, as officials must at times grapple with decisions where the risks are unmeasurable, policy must on occasion be based on officials' discretion rather than predetermined rules. However, others believe that without careful attention to rules that are in line with their mandates, ad-hoc actions may undermine central banks' credibility.

Watch it here for free.

Policy forum

NEW! What do central banks want from reserves and reserve managers?

The fallout from the financial crisis, including fears over sovereign risk and the viability of the euro, has raised a number of uncomfortable questions for reserve managers. Commonly held views on what was safe, what was liquid and what would return yield have been challenged and in many cases overturned. In addition, new demands have been placed on reserve managers and new uses for reserves found. More broadly, the experiences of the past four years have led central banks and governments to look again at foreign exchange and gold reserves, the roles they are expected to play and how they are managed.

This webinar, sponsored by BNP Paribas Investment Partners, will debate these important issues at a time of market turmoil and fears for the euro. Specific issues to be addressed include:

• How has the financial crisis changed the job of the reserve manager?
• How has sovereign risk impacted reserve management?
• Has the attitude to traditional reserve assets changed?
• How will the Greek crisis and fears of contagion affect the standing of the euro?
• Do reserve managers need an explicit mandate from their governors or boards?

Click here to find out more and to register for free.