Is de-dollarisation real and happening?
Barry Eichengreen argues that reports of the US dollar’s demise as the dominant global currency have been greatly exaggerated
Is de-dollarisation real and happening? Read More »
Improving banking resolution in the EU
The Commission’s Crisis Management and Deposit Insurance proposal has the potential to improve bank resolution in the European Union, Mathias Dewatripont, Peter Praet and André Sapir suggest
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The evolving nature of banking, bank culture, and bank runs
In light of the recent bank failures Michelle Bowman discusses supervision, regulation, bank management culture, and technology, and how each of these changes the dynamics of building a stronger and more resilient financial system
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Climate change and financial stability
Christopher Waller explores financial risks associated with climate change, and cast doubt on the need for special focus on how banks are preparing for climate change risks
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Money: a question of purpose and trust
Carolyn Wilkins talks about the three main design principles for a CBDC, it should focus on core public policy objectives, identify and mitigate financial stability risks, and set high standards for technology
Money: a question of purpose and trust Read More »
Climate regulation and financial risk: the challenge of policy uncertainty
Berg et al argue that it would be welfare-enhancing if policy changes were to follow a predictable longer-term path, and suggest a role for financial regulation in the transition
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Trade fragmentation matters for bank credit supply
Claudia Buch, Linda Goldberg and Björn Imbierowicz discuss new evidence from the International Banking Research Network on how trade uncertainty can be amplified through the supply of credit
Trade fragmentation matters for bank credit supply Read More »
Sanctions against Russia will worsen its economic prospects
Sanctions, coming on top of longstanding domestic shortcomings, are gradually weakening Russia. Elina Ribakova argues countries opposing Russia’s war on Ukraine should keep up the pressure
Sanctions against Russia will worsen its economic prospects Read More »
Britain’s road to Brexit: evaluating the progress
Patrick Minford evaluates the progress being made on the Brexit agenda, focussing on trade, regulation and the EU border
Britain’s road to Brexit: evaluating the progress Read More »
Lessons from recent stress in the financial system
Aymo Brunetti argues that big banks must become globally resolvable, or significantly ‘smaller’
Lessons from recent stress in the financial system Read More »