Rising market power impairs the effective transmission of monetary policy.

Central banks and financial regulators should treat climate risk as one of the major financial risks.

Market integration is more strongly linked with global markets than with regional markets.

Emerging market economies are severely affected by inadequate infrastructure, digital illiteracy, and low use of…

Investment in clean energy projects has been severely inadequate due to poor climate policy implementation and…

This publication reviews recent developments in East Asian local currency (LCY) bond markets against a backdrop of…

This edition reviews developments in East Asian financial conditions and local currency bond markets. Long-term bond…

National authorities and international financial institutions should work together to enhance the framework for…

This edition includes discussion of pandemic-related asset purchase programs, along with US monetary policy and…

Policy makers may relax unnecessary regulations for highly skilled foreign workers.