Archive: August 2026

Special Economic Zones and How to Tax Them

, and | 28 August 2026
Fiscal, Discussion Notes | Tags: Industrial Policy, Tax Expenditures
Special economic zones (SEZs) are widely used to attract investment, promote exports, and support industrialization, yet their performance is uneven and often uncertain. This IMF How To Note reviews global experience with SEZs ... ... continue reading

Governing Finance for Sustainable Prosperity in Japan

, and | 28 August 2026
Monetary, Policy Briefs | Tags: Central Banks, Financial Regulation, Financial Supervision, Governing Finance, Japan
Japan occupies a singular position in global finance: it is one of the world’s most advanced economies and the one that has most extensively challenged the limits of conventional monetary and fiscal policy ... continue reading

Governing Finance for Sustainable Prosperity in ASEAN

, and | 28 August 2026
Monetary, Policy Briefs | Tags: ASEAN, Central Banks, Financial Regulation, Financial Supervision, Governing Finance
ASEAN financial authorities face an era of compounding, novel risks, which also come with opportunities for structural transformations. Welfare and economic growth in the region increasingly depend on the capacity to manage long-term structural change ... continue reading

Bank of Japan Survey Reveals the Fragility of Climate-Risk Pricing

| 25 August 2026
Monetary, Commentary | Tags: Central Banks, Governing Finance, Japan, Systemic Risks
The Bank of Japan’s fifth "Market Functioning Survey concerning Climate Change", released on June 5, found that respondents’ assessment of how well climate-related risks and opportunities are reflected in equity and corporate-bond prices had deteriorated from the previous survey. ... continue reading

Changing Engines, Different Cycles: Monetary Policy in China and Europe

| 20 August 2026
Monetary, Blog | Tags: China, Economic Growth, Europe, Macroprudential Policy
At the aggregate level, China and Europe are in very different macroeconomic phases. China continues to face weak domestic demand and persistently low inflation, while Europe is confronting renewed inflationary pressure from an external supply shock ... ... continue reading

Japan’s GX Wager Will Test Its New Fiscal Doctrine

| 16 August 2026
Monetary, Commentary | Tags: Energy, Fiscal Rules, Industrial Policy, Japan
Japan's Green Transformation strategy aims to reduce energy dependence and support strategic technologies, without compromising fiscal control. The key challenge is ensuring government-backed capital delivers genuine economic and environmental returns ... ... continue reading

Rethinking Europe’s Climate Insurance Framework

22 September 2026 | Brussels | By Invitation
Monetary, Roundtables | Tags: Climate Change, Europe, Financial Stability, Insurance, Systemic Risks
Europe is the fastest-warming continent and faces mounting economic costs from climate-related disasters. Insurance is central to managing and mitigating these costs. Yet Europe’s protection gap is significant and persistent ... ... continue reading

How Southeast Asia’s Central Banks Can Meet the Climate Challenge

and | 5 August 2026
Monetary, Commentary | Tags: ASEAN, Central Banks, Climate Risks, Targeted Refinancing Lines
Climate change is creating greater price and financial instability across Southeast Asia, from supply chain disruptions to increased default risks. Operating within their traditional mandates, the region’s central banks are monitoring these risks in a largely reactive manner. ... continue reading