As a result of the 2007-2009 financial crisis and the financial turmoil triggered by the COVID-19 pandemic, central banks have expanded their policy frameworks to protect financial stability. In a new article published by the European Systemic Risk...
Promoting financial inclusion is a stated political goal in many countries, including among central banks. Central banks address financial inclusion in a variety of ways – through programming, international alliances, and as part of their formal...
The University of Michigan’s Gerald R. Ford School of Public Policy has received a grant from the Bill & Melinda Gates Foundation to identify opportunities for how a central bank of the future might build a financial system that serves the needs of...
The University of Michigan's Center on Finance, Law & Policy and the Federal Reserve Bank of San Francisco are co-hosting the second “Central Bank of the Future” Conference on Monday-Wednesday November 16 – 18, 2020, and we hope that you can join us from 12-4 EST.
Traditionally, central banks have served three policy functions – monetary policy, payments systems oversight, and financial institution supervision. This conference will convene international experts and practitioners to examine how these core functions contribute to financial inclusion, poverty alleviation, and a more inclusive economy – and what could be improved.The conference contributes to a research initiative undertaken by the University of Michigan’s Center on Finance, Law & Policy, in partnership with the Bill & Melinda Gates Foundation to consider how the role of a central bank could evolve in the future and enable central banks to make greater contributions toward financial inclusion. Ultimately, the research intends to identify technologies, processes, or tools that could benefit a central bank in supporting public policy objectives related to inclusion, and consider whether other sectors, including philanthropy, might have a role to play in supporting the development of those tools. Registration to the event is free. Speakers and attendees will include individuals from standards-setting bodies, central banks and other financial regulators, and policymakers, as well as futurists and technologists, and other financial ecosystem stakeholders.For more information visit http://financelawpolicy.umich.edu.
Lobna Helal, Sofie Maddens, Ajay Shah, Michael Wiegand, and moderator Greta Bull participate in the first panel for the Central Banks of the Future Conference. Learn more
Aishah Ahmad, Leonardo Gambacorta , and moderator Chris Calabia participate in the lunch panel for the Central Bank of the Future Conference. Learn more he
Abdel Banda, Stefan Ingves, Njuguna Ndung’u, and moderator Adrienne Harris participate in the third panel for the Central Bank of the Future Conference.