The 14th BIS Annual Conference took place in Lucerne, Switzerland, on 26 June 2015. The event brought together a distinguished group of central bank Governors, leading academics and former public officials to exchange views on the topic "Towards 'a new normal' in financial markets?". The papers...

One of the most puzzling facts in the wake of the Global Financial Crisis (GFC) is that output across advanced and emerging economies recovered at a much slower rate than anticipated by most forecasting agencies. This paper delves into the mechanics behind the observed slow recovery and the...

1. Emerging Risks: An Overview; Thomas Walker, Dieter Gramlich, Kalima Vico, and Adele Dumont-Bergeron -- Part I. Ecological Risks -- 2. Climate Change: Macroeconomic Impact and Implications for Monetary Policy; Sandra Batten, Rhiannon Sowerbutts, and Misa Tanaka -- 3. Global Warming and Extreme...

We live in a technologically advanced era with a recent and marked dependence on digital technologies while also facing increasingly frequent extreme and global crises. Crises, like the COVID-19 pandemic, are significantly impacting our societies, organizations and individuals and dramatically...

"The accessible roadmap to navigating an unpredictable economic earthquake. People are worried about their financial future. The workforce is aging, meaning slower economic growth. Debt is going through the roof, both public and private. Automation and technological revolution are putting people...