Are we in a new age of central banking in emerging markets?
17 March 2023 · Agustín Carstens , General Manager of the Bank for International Settlements (International)
Summary written by Dark Majestic in its own words · topics: inflation and price stability , financial stability , payments, digital money and crypto-assets , development and emerging economies
AC 17 Mar 2023 · Agustín Carstens Wiki · Bank for International Settlements Wiki Are we in a new age of central banking in emerging markets? Context Lecture at a Corvinus University conference in Budapest; the BIS serves central banks worldwide and asks whether emerging market central banking is changing.
Why it matters Carstens asks whether developing-economy monetary authorities face lasting change after the inflation shock.
Problems raised Fiat money faces challenges. Inflation has returned. Financial stability is threatened. Solutions proposed Build public trust in central banks. Keep inflation targets credible. Strengthen emerging market frameworks. Read full speech on bis.org ↗ More from Agustín Carstens · Bank for International Settlements · all speeches
More speeches by Agustín Carstens Other leaders on inflation and price stability
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