Tag: Central Banks

Coming Back Stronger – Governing Finance in Switzerland

30 November 2020 | Online | By Invitation
Monetary, Roundtables | Tags: Central Banks, Financial Regulation, Governing Finance, Switzerland
Finance impacts all aspects of our lives, from our economies to social cohesion to the ecological systems we depend on for our very survival. As a result, the implications of how we choose to govern finance are fundamental, and ultimately existential. ... continue reading

Central Bank Market Neutrality is a Myth

and | 16 October 2020
Monetary, Blog | Tags: Asset Purchases, Central Banks, Climate Change, Foreign Exchange Reserves, Market Neutrality
Christine Lagarde, the President of the European Central Bank (ECB), this week raised the critical question whether, in view of market failures, market neutrality should remain the guiding principle driving central banks’ policy portfolio management. Her spotlight on market neutrality underscores growing and overdue scrutiny ... continue reading

Central Banks Must Heed Their Own Warnings on Climate Risks

| 13 October 2020
Monetary, Blog | Tags: Asset Purchases, Central Banks, Climate Risk, Collateral Frameworks
The Central Banks and Supervisors Network for Greening the Financial System (NGFS), a group of more than 70 central banks and financial supervisors across the globe, has repeatedly highlighted that climate risks are financial risks. Its members have also continuously put a spotlight on the ... continue reading

The Transition to a Sustainable Post-COVID Economy Requires an Urgent Shift in Central Bank Risk Management

| 10 July 2020
Monetary, Blog | Tags: Central Banks, Climate Risk, Covid-19, Financial Regulation, Monetary Policy Operations, Precautionary principle
The COVID-19 crisis is profoundly and durably transforming our economies. So will the transition to a low-carbon economy, which is necessary to contain the environmental crisis ahead of us. Shifting our economic system from its current state to a sustainable post-COVID version entails large and ... continue reading

Argentina. A Short Blanket for the Coronavirus Long Night

and | 3 April 2020
Fiscal, Monetary, Blog | Tags: Central Banks, Covid-19, Fiscal Space, Health, Inflation, Informality
The coronavirus has arrived, and Argentina has played its cards. First life, then the economy. While it is non-debatable that the consequences of the pandemic will be enormous throughout the world, the magnitude of the impact is still uncertain. Argentina is a special case on three ... continue reading