Issuance of central bank digital currencies, such as Sweden’s proposed e-krona, could facilitate monetary policy beyond zero lower bound
What options are available, and what challenges remain?
Agent-based modelling is still struggling to move from sidelines to mainstream
Exiting the policy may prove extremely challenging, says Sayuri Shirai
Winners In Focus
The bank’s official historian highlights archiving failures and damage they cause
Are global central banks ready to change their approach to cyber security and refocus on contingency planning?
Many central banks are starting to tighten policy, but their room for error is limited
Official institutions are maturing as big data users but there is plenty more work to be done.
As work in big data enters the mainstream for central banks, its policymaking and supervisory influence is expanding, prompting significant investment in new technologies.
Regulatory technology could prove effective in improving data reporting and supervisory monitoring, but central banks have a long way to go to making this a reality, writes Joel Clark.
Asian central banks back instant payments to defend policy transmission and counter cryptocurrencies
More consistency could address transparency and independence concern
BoJ may review its framework due to ongoing failure to hit 2%
Tougher regulation has helped ensure extraordinary monetary policy has not caused dangerous rise in private debt
Did Mark Carney tempt fate when he declared most toxic forms of shadow banking “no longer represent a global stability risk”?
The raft of new rules imposed on regulated financial institutions in the aftermath of the global financial crisis has a huge compliance cost. Could artificial intelligence offer efficiency gains?
The Guangdong–Hong Kong–Macao Great Bay Area represents an effort to co-ordinate development to create globally competitive city clusters at the start of the Maritime Silk Road in southern China. These efforts are focussed in particular on innovation,…
China is focusing greater effort in tackling the build-up of risks in its banking and financial system, while also seeking to ensure credit is more effectively distributed in the real economy. At the same time it is has embraced fintech but policymakers…
Li Dongrong, president of the National Internet Finance Association of China and former deputy governor of the People’s Bank of China, discusses the growing importance of fintech and how innovation must be married to self-discipline for China to make a…
Lou Jiwei, president of the National Council for Social Security Fund and former minister of finance of China, explores the three key aspects of China’s macroeconomic situation in the ‘new era’ of Chinese politics and power
Crisis raised challenges for treating both the sources of risk and risk-bearing capacity using financial and accounting budgeting techniques
Insight and opinion from China’s top leaders, policymakers and financiers
When economic infrastructure is destroyed in natural disasters, central banks’ contingency plans spring into action