Contents
China’s Economy, the NPC and CPPCC
Government Report Releases Signs of High-Quality Development by Yao Yang
China’s Growth Perspectives: Obstacles and Oppotunities by Nout Wellink
China’s Economy Robust in Q1, Higher Rate Expected Ahead by Xinhua
China Remains a Powerhouse of Global Economy by Otton Solis
Biggest Risk is not Being in China,' Says German Chamber of Commerce Executive in Shanghai by Maximilian Butek
Testament to Appeal of China's Economy: China Daily Editorial by Mark Rutte
Walking on Two Legs, the Two Sessions of the NPC and the CPPCC by Herbert Poenisch
Climate Policy and Green Finance
Climate Goals Need Trade Collaboration by Cyn-Young Park
Addressing Barriers to Climate Investments in EMDEs by Ekaterina Gratcheva
Digital Currency
Project Agorá: Central Banks and Banking Sector Embark on Major Project to Explore Tokenisation of Cross-Border Payments by BIS
Transition to Digital Payments Must Be ‘Carefully Managed’ by Thibault Pelé
Digital Assets Need Interoperability to Achieve Global Scale by Jonathan Ehrenfeld
A Stablecoin Pilot in China? by Andrew Sheng and Xiao Geng
The Need for Regulating Crypto-Assets - A Global Effort by Klaas Knot
Global Economy
The Fiscal and Financial Risks of a High-Debt, Slow-Growth World by Tobias Adrian, Vitor Gaspar, Pierre-Oliver Gourinchas
Africa’s Bold Bargain with Global Finance by Udaibir Das
Unleashing Africa’s Investment Potential by Udaibir Das
Argentina’s Libertarian Experiment: ‘Mileinomics’ Thrives, but ‘Mileipolitics’ Falters by Hector Torres
International Monetary System
IMF Executive Board Discusses the Adequacy of the Fund’s Precautionary Balances
New Brics Members could Provide Much-Needed Vehicle Currency by Herbert Poenisch
Are We Asking the Right Questions about De-Dollarisation? by Taylor Pearce
Monetary Policy
Strengthen Central Bank Independence to Protect the World Economy by Kristalina Georgieva
Disinflation without a Rise in Unemployment? What Is Different This Time Around by Governor Adriana D. Kugler
Bank of Japan Rate Hike Signals End of Financial Socialism by Jesper Koll
Thoughts on Quantitative Tightening, Including Remarks on the Paper 'Quantitative Tightening around the Globe: What Have We Learned?' by Governor Christopher J. Waller
Semiannual Monetary Policy Report to the Congress by Jerome H Powell
Risks and Uncertainty in Monetary Policy: Current and Past Considerations by Governor Michelle W. Bowman
Lessons from the Recent Episode of High Inflation by Pierre Wunsch
Regulation and Macro-Prudential Policy
Reflections on the Economy and Bank Regulation by Governor Michelle W. Bowman
Working Paper
Reserve Holding and Bank Lending by Chun Kuang, Jiawen Yang, Wenyu Zhu