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 […]
Tag Archives: seacen
14
Dec
Dec
Future-ready central banks In the words of Christine Lagarde, ‘central banks must provide for stability in an age that is anything but stable’. Central bank leaders throughout the world are increasingly acknowledging that we are now living in the age of disruption and that one of our key priority areas must be ensuring our future […]
Human Capital, Macroeconomics and Monetary Policy
Towards a Better Evaluation of Our Training Courses
25
May
May
One of the main activities of The SEACEN Centre is capacity building, so understanding the effectiveness of our training courses is of vital importance. We want to know what works and what does not and how we can improve our training material and teaching modalities to best serve the needs of our member central banks. […]
23
Dec
Dec
A recent paper argues that despite the revisions to the Basel capital framework (Basel III/IV), the fundamental flaw in the underlying methodology used for calculating the amount of capital a bank should hold remains, and that the true risks the bank may be subject to continue to go undetected. Entitled “ELPR: A New Approach to […]
25
Jun
Jun
So, the white paper on Libra has finally been released, and it’s capturing headlines all around the world. The introduction to the concept paper states that the document is an outline for a new decentralised blockchain, a low volatility cryptocurrency and a smart contract platform that all create a new opportunity for responsible financial services […]