Digitalisation has had and will continue to have a fundamental impact on the global economy. Cecilia Skingsley explains why central banks care about change and innovation and why that matters to us all
Change happens – and why central banks care Read More »
It is critical that bankers, policymakers and supervisors do not forget the lessons from the past. Erik Thedéen considers the Basel III framework, the cornerstone of the response to the GFC
Charting the course: prudential regulation and supervision for smooth sailing Read More »
Andrew Bailey discusses global financial stability, emphasising the importance of understanding financial theory and learning the lessons from history, highlighting the need for a macro-prudential approach
Today’s challenges in financial stability: the new and the not so new Read More »
Recent research suggests that the impact of climate change on economic output might have been underestimated. Senne Aerts, Livio Stracca and Agnieszka Trzcinska highlight advances in understanding and measuring the economic impact of climate change and the remaining uncertainties
Understanding the economic losses from climate change Read More »
Christopher Waller discusses the roles of centralized and decentralized finance, and whether they are substitutes or complementary to each other
Centralized and decentralized finance: substitutes or complements? Read More »
The economics of space is no longer the province of science fiction. Alessio Terzi and Francesco Nicoli argue that economists should turn their attention to the stars, harnessing opportunities that beckon beyond Earth’s limits
Economists should point their attention to the stars Read More »
Quantum computers may have a profound impact on the financial system. Raphael Auer, Angela Dupont, Leonardo Gambacorta, Joon Suk Park, Koji Takahashi, and Andras Valko explore the transformative potential to the financial system
Quantum computing and the financial system: opportunities and risks Read More »
Emmanuel Mourlon-Druol analyses what arguments European policymakers have used in discussions about centralising public expenditures at EU level
An uphill struggle: a long-term perspective on the European public goods debate Read More »
Lesetja Kganyago reflects on progress in modernising payments, and South Africa’s efforts to modernise the payments ecosystem and reduce reliance on cash
The future of payments in South Africa Read More »
Piero Cipollone argues that recent advancements in digital technology offer an opportunity to create an integrated European capital market for digital assets
Towards a digital capital markets union Read More »
