Opinion/Financial Stability

A welcome return to money

Central banks’ renewed in interest in the importance of money is to be applauded. But they must also consider the right money measure and how changes should impact policy, Gabriel Stein argues

Yam has secured his place in history

As Joseph Yam prepares to depart, Tony Latter, a former deputy at the Hong Kong Monetary Authority, assesses the chief executive’s time at the helm of the territory’s financial authorities

Our outdated global monetary regime must go

From its roots in post-war reconstruction, the current international monetary system has evolved into a regime fundamentally unsuited to the realities of today's global economy. But it cannot last, writes Ousmene Mandeng

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