Foreign currency funding risk and global financial stability
The Credit Suisse crisis in 2023 demonstrated that foreign currency funding vulnerabilities remain material even in advanced, well-regulated financial systems. This column introduces a new
COVID-19’s economic impact on low-income countries: preparing for the next shock
COVID-19 hit low-income exporters hard, exposing risks from weak diversification and straining trade, supply systems and financial stability. The COVID-19 pandemic sent shockwaves through global
US dollar stablecoin mercantilism is an opportunity to promote payment multilateralism and the international role of the euro
The EU and the US have taken starkly different approaches to the regulation of new monies issued using distributed ledger technology. The current US administration
