Contents

Special Column on Big Tech: Opportunities and Risks

-Fintech and the Global Payments Landscape - Exploring New Horizons by Yi Gang

-FinTech Developments, Challenges and Supervision in China by Guo Shuqing

-Regulating Big Tech in the Public Interest by Agustín Carstens

-The Impact of Technological Developments on Banks by Nout Wellink

-Transformative Powers of Technology by Wanda Tseng

-Regulation and Supervision of Financial Activities of Big Tech Companies by Herbert Poenisch

-Development of Digital Economy Platforms in China - Risks and Challenges by Jaya Josie

China

-Renminbi Internationalisation Getting Back on Track by Herbert Poenisch

-China's Post-Pandemic Growth: Reaching Out and Developing Internal Markets and Wellbeing by Peter Koenig

Global Economy

-The Lessons We Are Learning from the COVID-19 Pandemic: An FSB Perspective by Dietrich Domanski

-IMF Shifts Approach to Low Income Countries and Special Drawing Rights by Mark Sobel

-New Approach to MSME Financing in Asia Pacific by Tamara Singh

Monetary and Prudential Policy

-The role of macroprudential policies during economic crises by Agustín Carstens

-New Avenues for Monetary Policy by Olli Rehn

-Back to the Future: Intellectual Challenges for Monetary Policy by Claudio Borio

Climate Crisis

-Remarks by IMF Managing Director on Global Policies and Climate Change by Kristalina Georgieva

-Disclosures and Data: Building Strong Foundations for Addressing Climate- Related Financial Risks by Randal Quarles

-Time for Central Banks to Stop Dithering over Climate by Urjit Patel

-Asset Owners Can Be Game Changers in Climate Fight by Pedro Guazo

Digital Economy

-CBDC Systems Should Focus on Programmable Payments by Wolfram Seidemann

-Sovereign Issuers Explore Digitalisation Options by Philip Moore

-Cryptoasset Markets Moving too Fast for Clear Regulation and Valuation by Katie-Ann Wilson

Sustainable Development

-The Circular Economy Grows Up by Andrew Sheng and Xiao Geng

Research Report

-RMB Internationalization Report 2021 Press Release by International Monetary Institute

Working Paper

-Index Volatility and the Put-call Ratios: A Tale of Three Markets by Gang Jianhua, Huang Nan, Song Ke and Zhang Ruyi

-Population Aging and Money Demand by Wang Lei and Zhu Taihui

International Monetary Review, October 2021, Vol.8 No.4