Publications

Missing Dollars – Illicit Financial Flows from Commodity Trade

and | 19 June 2024
Fiscal, Monetary, Trade, Books | Tags: Commodities, Governing Finance, Tax Competition, Tax Expenditures
The book sheds new light on issues such as addressing push and pull factors through domestic and international policy measures, the preferences of key stakeholders for short-term fixes versus long-term policy reforms, and prescriptive approaches and other options to address tax base erosion in resource-rich ... continue reading

Energizing Peace: Economic Policies for Affordable, Secure and Clean Energy in Ukraine

and | 13 June 2024
Fiscal, Blog | Tags: Energy, Fossil Fuel Subsidies, Renewables, Ukraine
Ukraine has a vast and diverse renewable energy potential encompassing wind, solar, biomass, hydropower, and geothermal resources. With continued investment and development, Ukraine could significantly increase its renewable energy capacity and reduce its reliance on fossil fuels. ... continue reading

The Basel Committee’s Revised Core Principles for Effective Banking Supervision: Addressing Climate-Related Financial Risks in ASEAN+3

and | 5 June 2024
Monetary, Policy Briefs | Tags: ASEAN+3, BCBS, Climate Risks, Financial Supervision, Macroprudential Policy
This policy brief provides a detailed overview of the guidance that the Basel Committee on Banking Supervision (BCBS) has provided to financial institutions and their supervisors, in relation to assessing, quantifying and managing climate risks under Pillars I, II and III of the Basel framework. ... continue reading

Addressing Climate-Related Financial Risks in ASEAN+3

and | 5 June 2024
Monetary, Blog | Tags: ASEAN+3, BCBS, Climate Risks, Financial Supervision, Macroprudential Policy
Whilst not all jurisdictions have adopted the Basel III banking supervision regime, the Core Principles target all financial supervisors globally. They serve as “the de facto minimum standard” for the “sound prudential regulation and supervision of banks and banking systems”... ... continue reading

Monetary Policy and Climate Change – Distinguishing Between a Protective and a Proactive Agenda

| 4 June 2024
Monetary, Policy Briefs | Tags: Central Banks, Climate Risks, Governing Finance
Central banks in many economies are striving to take account of climate change in their policies and operations. In this context, the important distinction between a protective agenda versus a proactive agenda is often blurred. ... continue reading