This blog post is based on the policy roundtable held on 15 May 2026, featuring panellists Professor Danny Quah, Professor Shang-Jin Wei, Professor Joseph Cherian, and Associate Professor Jamie Cross. In the age of geoeconomics, major economies increasingly use their power, market influence, and cross-border interdependence to advance national and strategic goals. Tariffs, sanctions, export […]
Author Archives: Meltem Chadwick
Macroeconomics and Monetary Policy
Economics of Artificial Intelligence and the Future of Monetary Policy
06
May
May
This blog is based on a presentation made by Ceyhun Elgin at the SEACEN online course “Practical use of AI in monetary policy” on 28-30 April 2026. The Falling Cost of Cognition: Why Central Banks Must Rethink the AI Shock Artificial Intelligence (AI) is often discussed as a futuristic marvel or a tool for specialised […]
26
Feb
Feb
This blog is based on a presentation made by Hanno Lustig at the SEACEN Policy Summit on 5-6 February 2026. For much of the postwar era, the supremacy of the U.S. dollar has been treated as a permanent feature of the international monetary system. However, recent shifts in global finance suggest that we are entering […]
Macroeconomics and Monetary Policy
Nonresponse Bias is Distorting Household Inflation Expectations: Evidence and Policy Fixes
05
Nov
Nov
Author’s note: This blog is based on a published article: CHADWICK, M., CHERRY, R. and GALIMBERTI, J.K. (2025), Nonresponse Bias in Household Inflation Expectations Surveys. Journal of Money, Credit and Banking. https://doi.org/10.1111/jmcb.70002 The views expressed in this paper are those of the authors and do not necessarily represent the views of their corresponding institutional affiliations. […]
Financial Stability, Supervision
The European Union’s Artificial Intelligence Act: Reshaping the Future of Artificial Intelligence Regulation
09
Apr
Apr
The rapid progress of artificial intelligence (AI) has significantly impacted industries, particularly finance and financial services, offering remarkable advancements in efficiency, decision-making and service delivery. But AI adoption has also introduced ethical, legal and societal challenges, including concerns over privacy, bias and accountability. Despite – or perhaps because of – the pace of these developments, […]
Macroeconomics and Monetary Policy
Addressing Climate Risks in Central Banks: Emerging Challenges for SEACEN Member Economies
22
Mar
Mar
Climate change poses a common and potentially overwhelmingmacrofinancial risk for all SEACEN member countries.Michael D. Patra, Deputy Governor, Reserve Bank of India, 15 February 2024 Introduction Many SEACEN economies are acutely vulnerable to natural disasters and the broader impact of climate change. Figure 1 illustrates the mean temperature and precipitation change within the last century […]