Contents

Macro-Finance Salon Online Series on COVID-19 Crisis

-Political Economy of COVID-19: With Reminiscences of Past Global Crises by Han Seung-soo

-Looming Debt Problems by Nout Wellink

-COVID-19 Exposed: Markets and Finance Are Disconnected from Society by Herbert Poenisch

Global Economy

-China’s Economic Outlook under Covid-19 Crisis and Its Impact on World Economy by Wei Benhua

-The Role of IMF in Fighting Against COVID-19 Pandemic and Recovering Global Economy by Zhang Zhixiang

-Demystifying Debt Dynamics by Danae Kyriakopoulou and Chris Papadopoullos

-Worse to Come for Oil by Elliot Hentov

-A Long View of Global Banking by Chris Papadopoullos

-Covid-19 Lessons for Sustainable Finance by Aziz Durrani and Ulrich Volz

China

-China to Focus Yuan Drive on Asia by Tu Yonghong

-Rationale Behind the Development of Hong Kong as an International Financial Center and Practical Foundations to Withstand External Shocks by E Zhihuan

-Rivalry with China a No-win Strategy for US by Andrew Sheng and Xiao Geng

-Main Takeaways from Government Work Report at “Two Sessions” by Dong Jinyue and Xia Le

-Resilient China Can Help Lead Global Recovery by Gao Haihong

Central Banking

-Pendemic Central Banking: The Monetary Stance, Market Stabilisation and Liquidity by Philip R. Lane

-Six Centuries of Central Bank Independence by Ulrich Bindseil

-Negative Interest Rate Debate Needs Clarity by Mark Sobel

-Central Banks’ Diversity Problem by Kat Usita

-Economic Effects of the Corona Crisis and Measures by the Central Banks by Olli Rehn

Digital Economy

-An ECB Digital Currency: A Flight of Fancy by Yves Mersch

-Learning the Value of Resilience and Technology by Benoît Cœuré

-China’s New Crypto-Currency: First Step to Full Dedollarization? by Peter Koening

Working Paper

-The Impact of COVID-19 on Financial Markets by Qing, Liu Junyi, Wang Sizhu and Yu Jishuang

-Spillover Effects of Capital Controls on Capital Flows and Financial Risk Contagion by Fan Haichao, Gou Qin, Peng Yuchao and Xie Wenjing