Contents

Special Column on the NPC and CPPCC Sessions

-Turning Institutional Strength into Governance Efficiency by Jin Nuo

-Solutions and Problems by Nout Wellink

-U.S. and China: Challenging Roles – Towards a Global Economic Recovery by Yaseen Anwar

-Comment on the Economic Analysis of NPC and CPPCC March 2021 by Herbert Poenisch

-Global Impact of Policies of China’s 14th Five Year Plan by Jaya Josie

-China – Leading to World Recovery – and Beyond by Peter Koenig

Global Economy

-Resilience in a New Shock-Prone World by Kristalina Georgieva

-SDR Proposals Could Help Reset International Monetary System by Willem Middelkoop and David Marsh

China

-How Will the New U.S. Government Affect Yuan's Appreciation Trend? by Guan Tao

-Pains, Difficulties, Bright Spots, and New Growth Opportunities for the Hong Kong Economy in 2021 by E Zhihuan

-China Must Create Shared Global Wealth by Andrew Sheng and Xiao Geng

Monetary Policy

-Monetary Policy, Technology and Inequality by Luiz Awazu Pereira da Silva

-Beware Rising Neutral Rates by James Sweeney

Financial Regulation

-My Perspective on Bank Regulation and Supervision by Michelle W. Bowman

-BaFin Reforms Must Go Further by Ignazio Angeloni

Digital Economy

-How Democracy can Evolve and Flourish in the Digital Era by Liu Jun

-Beyond Bitcoin, It's Time for Cryptocurrency Boards by Steve H. Hanke and Robert J. Simon

-Digital Currencies and the Future of the Monetary System by Agustin Carstens

-Green Push Puts CBDC Centre Stage by Gary Smith

-CBDC Front Runners by Chris Papadopoullos, Pierre Ortlieb and Levine Thio

Green Finance

-Getting the Green Deal done – How to Mobilize Sustainable Finance by Klaas Knot

-ESG Criteria are Distorting Markets and Portfolio Decisions by Simon Ogus

-Time to Align Finance with Biodiversity Objectives by Simon Buckle and Edward Perry

Working Paper

-Is the Renminbi a Safe-Haven Currency? Evidence from Conditional Coskewness and Cokurtosis by Cheng Xin, Chen Hongyi and Zhou Yinggang

-Volatility Information Difference between CDS, Options, and the Cross Section of Options Returns by Guo Biao, Shi Yukun and Xu Yaofei

International Monetary Review, April 2021, Vol.8 No.2