"The purpose of this seminar was to review experiences of economies in the Asia-Pacific region with currency internationalisation and to assess the prospects for further internationalisation, emphasising the policy implications facing central banks if current trends continue. Lessons learned...

This paper investigates the dynamic implications of Krugman’s (1999) model of financial crises with balance-sheet effects, which has a considerable impact on the literature as well as the teaching of international financial crisis. By explicitly taking account of wealth accumulation and...

The 17th BIS Annual Conference took place in Zurich, Switzerland, on 22 June 2018. The event brought together a distinguished group of central bank Governors, leading academics and former public officials to exchange views on the topic "Ten years after the Great Financial Crisis: what has...