Tag: Central Banks

ASEAN Central Banks Need New Tools for New Risks

and | 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 ... continue reading

Japan Needs a New Framework for a Post-Deflation Economy

| 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

Closing the Gap to Boost Asean Resilience Against Novel Risks

| 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

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.  ... continue reading

The Bank of Japan Must Define a Strategy for Its ETF Holdings – Not Just Its Sales

and | 28 October 2025
Monetary, Op-Eds | Tags: Asset Purchases, Central Banks, Governing Finance, Japan
The Bank of Japan (BOJ) plans to sell its ETFs at roughly 620 billion yen a year on a market-value basis (330 billion yen on a book-value basis), a time frame under which BOJ Gov. Kazuo Ueda said it would "take more than 100 years" ... continue reading

Central Banks Must Guide Asean+3 Through Age of Novel Risks

and | 14 October 2025
Monetary, Op-Eds | Tags: ASEAN+3, Central Banks, Climate Risks, Macroprudential Policy
The prosperity of Asean+3 economies – the 10 South-east Asian nations plus China (including Hong Kong), Japan and South Korea – hinges on whether policymakers, central banks and financial supervisors can navigate an increasingly complex landscape of novel risks. ... continue reading

Beyond Data: A Macroprudential Policy to Break the Tragedy of the Horizon

| 10 October 2025
Monetary, Op-Eds | Tags: Central Banks, Climate Risks, Financial Supervisors, Macroprudential Policy
Ten years ago, in his speech ‘Breaking the Tragedy of the Horizon’, Mark Carney, then Governor of the Bank of England – and now Prime Minister of Canada – issued a warning: climate change is ‘imposing a cost on future generations that the current generation ... continue reading

Monetary Policy Reloaded. Towards a New Growth Path in China

| 19 September 2025
Monetary, Blog | Tags: Central Banks, China, Economic Growth, Financial Inclusion
In recent months, the People’s Bank of China (PBOC) unveiled a comprehensive series of monetary policy measures and guidance that combines general easing and targeted support mechanisms. ... continue reading

Addressing Novel Risks, Strengthening Finance, and Building Resilience in ASEAN+3

and | 1 September 2025
Monetary, Policy Briefs | Tags: ASEAN+3, Central Banks, Climate Risks, Financial Regulation, Financial Supervision
Welfare and economic growth in ASEAN+3 depend on the region’s ability to align economic priorities and the effective management of novel risks with the need to address structural challenges, associated transformations and the ability to harness future opportunities. ... continue reading

Central Banking and Asia’s Energy Future: The Role of Targeted Refinancing in ASEAN+3

| 12 June 2025
Monetary, Policy Briefs | Tags: ASEAN+3, Central Banks, Energy, Targeted Refinancing Lines
The pursuit of sustainable prosperity in ASEAN+3 critically hinges on the availability of affordable, secure, and clean energy. ... continue reading