Economics in theory and practice
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 , public finances and debt
AC 17 Mar 2023 · Agustín Carstens Wiki · Bank for International Settlements Wiki Economics in theory and practice Context Acceptance speech for an honorary doctorate from Corvinus University in Budapest; the BIS serves central banks worldwide and links economic theory with policy practice.
Why it matters Carstens reflects on why the inflation surge was not predicted.
Problems raised Theory must be translated into policy. Inflation surges were not predicted. High debt affects transmission. Solutions proposed Conduct more research on inflation. Learn from recent policy experience. Bridge theory and practice. 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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