Japan Needs a New Framework for a Post-Deflation Economy
Matthew Poggi | 29 April 2026
Monetary,
Blog | Tags:
Central Banks,
Economic Growth,
Governing Finance,
Japan Japan’s policy-makers should reconsider whether the institutional framework governing relations between the government and the Bank of Japan still fits the country’s economic priorities.
... continue reading
Macroprudential Policy for a Low Carbon Economy: The Case of Cross-Border Funding in China
Isabelle Jiani Zheng and
Pierre Monnin | 24 April 2026
Monetary,
Policy Briefs | Tags:
China,
Decarbonization,
Macroprudential Policy Understanding how macroprudential frameworks can be designed and adapted to support cross-border flows is therefore an increasingly pressing question for policymakers. This paper distills the lessons from China on how to do so.
... continue reading
Closing the Gap to Boost Asean Resilience Against Novel Risks
Julia Anna Bingler | 23 April 2026
Monetary,
Op-Eds | Tags:
ASEAN+3,
Central Banks,
Financial Supervision,
Macroprudential Policy,
Systemic Risks The Philippines deserves genuine credit for its stewardship of this year’s Asean Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM). Various novel risks and challenges have been discussed – from geoeconomic and geopolitical risks to cross border payments, financial resilience and climate risk management.
... continue reading
Why Tax Expenditure Reporting Is a Missing Link in Financing for Development
Alexandra Readhead,
Agustin Redonda,
Christian von Haldenwang,
Giovanni Occhiali,
Giulia Mascagni and
Harshil Parekh | 21 April 2026
Fiscal,
Blog | Tags:
Domestic Revenue Mobilization,
GTED,
Tax Expenditures With aid budgets shrinking and debt vulnerabilities mounting, the $4 trillion governments forgo annually through exemptions, credits, and preferential rates demands greater transparency and accountability.
... continue reading
Digital Trade in Africa: A Research Agenda
Martina F. Ferracane and
Hildegunn Kyvik Nordås | 20 April 2026
Trade,
Books | Tags:
Africa,
Digital Economy,
Digital Trade,
Services Trade Africa’s digital economy is poised for significant growth, driven by initiatives like the recently adopted Digital Trade Protocol under the African Continental Free Trade Area (AfCFTA), which aims to reduce trade barriers and enhance regional integration.
... continue reading
8th Virtual Meeting of the Community of Practice on Tax Expenditures: Assessments and Reform
16 April 2026 | 14.00-15.30 CEST | Online Fiscal,
Workshops | Tags:
Brazil,
Domestic Revenue Mobilization,
Tax Expenditures,
Uruguay,
VAT The 8th virtual CoP meeting put a spotlight on assessments and reform experiences related to tax expenditures, particularly in Brazil and Uruguay.
... continue reading
Japan Shifts to a New Fiscal Anchor
Matthew Poggi | 15 April 2026
Fiscal,
Blog | Tags:
Debt,
Fiscal Rules,
Japan Japan is redefining the framework that anchors its public finances. Following the belated approval of the 2026 financial year budget, attention will turn to the Sanae Takaichi administration’s shift from a single-year primary balance target towards a medium-term approach centred on stabilising the debt-to-gross domestic product ratio.
... continue reading
How Can Ministries of Finance Support the Low-Carbon Transition Through Coherent ‘Policy Packages’?
Patrick Lenain | 13 April 2026
Fiscal,
Monetary,
Blog | Tags:
Carbon Pricing,
Energy,
Industrial Policy,
Policy Coherence,
Tax Expenditures The transition towards greener and more resilient economies is one of the defining economic opportunities of our time. From growth and innovation to enhanced competitiveness and long-term savings, the potential gains are substantial.
... continue reading