Archive: January 2023

Building Blocks for Central Banks to Develop Nature Scenarios

, and | 27 January 2023
Monetary, Policy Briefs | Tags: Central Banks, Climate Risk, Environment, Financial Stability
In reviewing a selection of models currently used in economic and nature loss assessments, five key issues emerge for model and scenario development. ... continue reading

Does Fintech Promote Entrepreneurship? Evidence from China

| 24 January 2023
Monetary, Blog | Tags: Digital Economy, Entrepreneurship, Fintech
Policy moves and public statements in recent years indicate that Beijing seeks to simultaneously support the growth of internet finance platforms and reign in anticompetitive practices and risky behavior. ... continue reading

Tax Expenditure Scrutiny Can End Trillion-Dollar Political Game

, and | 19 January 2023
Fiscal, Op-Eds | Tags: Income Tax, Inequality, Tax Expenditures
Too often, government spending is understood only as cash payments to specific individuals or groups. However, targeted exemptions or reductions in taxes owed strain public coffers similarly to direct spending, though often with far less visibility. ... continue reading

The Return of China: Mostly Positive News for Vietnam

| 17 January 2023
Trade, Op-Eds | Tags: China, Covid-19, Trade, Vietnam
In light of China's reopening, many forecasters now see a strong V-shaped rebound from mid-2023, led by private consumption. ... continue reading

The Swiss National Bank Struggles to Manage Climate Risks

| 6 January 2023
Monetary, Op-Eds | Tags: Central Banks, Climate Risk, Financial Stability
In Europe and elsewhere, central banks are implementing measures to contain financial risks associated with climate change in their asset portfolios. The Swiss National Bank is not among the leaders in this area. ... continue reading