ASEAN Central Banks Need New Tools for New Risks
Julia Anna Bingler and
Matthew Poggi | 13 May 2026
Monetary,
Op-Eds | Tags:
ASEAN,
Central Banks,
Energy,
Systemic Risks,
Targeted Refinancing Lines
Southeast Asia faces a growing exposure to novel interacting risks that drive inflation and financial instability. Under the Philippines’ leadership as 2026 ASEAN chair, there is an opportunity to strengthen the region’s response to reduce exposure to and manage the risks through the ASEAN Finance
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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.
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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.
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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.
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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.
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Insurance Protection for Climate-Resilient Progress
Patrick Lenain | 27 March 2026
Fiscal,
Monetary,
Op-Eds | Tags:
Climate Risks,
Insurance,
Vietnam
This op-ed was first published in the Vietnam Investment Review. The World Bank has estimated that about $300 billion of the country’s commercial and industrial assets are vulnerable to climate-related disasters. Patrick Lenain, senior associate at the Council on Economic Policies, looks at the gaps
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Fortifying the Role of Finance After Indonesia’s Floods
Muhammad Qaisar and
Togi Prakoso | 14 March 2026
Monetary,
Op-Eds | Tags:
Climate Risks,
Financial Stability,
Governing Finance,
Indonesia,
Macroprudential Policy
The floods are a stark reminder that finance is never neutral. When well governed, it can absorb shocks, speed reconstruction and strengthen resilience. When misaligned, it can amplify fragilities and lock in future risks.
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Governing Finance for Sustainable Prosperity in ASEAN
12 March 2026 | Singapore | Co-hosted with AMRO and SEACEN | By Invitation
Monetary,
Roundtables | Tags:
ASEAN+3,
Central Banks,
Economic Growth,
Financial Supervision,
Governing Finance
Central banks, financial regulators and supervisors play a critical role in building resilient financial markets and economies amidst novel risks, and to unlock the opportunities associated with the deep structural changes ahead.
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Governing Finance for Sustainable Prosperity in South Korea
9 March 2026 | Seoul, South Korea | Co-hosted with AMRO and SEACEN | By Invitation
Monetary,
Roundtables | Tags:
Economic Growth,
Financial Supervision,
Governing Finance,
South Korea,
Systemic Risks
Welfare and economic growth in South Korea depend increasingly depend on the country’s capacity to align economic priorities with the need to address long-term structural transformations. Immediate challenges are deeply interlinked with longer-term shifts, including the digitalization of finance, population ageing, the green transition, and
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