Does Fintech Promote Entrepreneurship? Evidence from China
Peter Knaack | 24 January 2023
Monetary,
Blog | Tags:
Digital Economy,
Entrepreneurship,
Fintech
Policy moves and public statements in recent years indicate that Beijing seeks to simultaneously support the growth of internet finance platforms and reign in anticompetitive practices and risky behavior.
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The Swiss National Bank Struggles to Manage Climate Risks
Pierre Monnin | 6 January 2023
Monetary,
Op-Eds | Tags:
Central Banks,
Climate Risk,
Financial Stability
In Europe and elsewhere, central banks are implementing measures to contain financial risks associated with climate change in their asset portfolios. The Swiss National Bank is not among the leaders in this area.
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Supporting the Just Transition: a Roadmap for Central Banks and Financial Supervisors
Pierre Monnin and
Nick Robins | 22 December 2022
Monetary,
Policy Briefs | Tags:
Central Banks,
Financial Inclusion,
Financial Supervision,
Inequality,
Transition risks
Shifting to a sustainable economy will reshape the outlook for countries and sectors across the world. Managed well, the net zero transition could lead to more and better jobs as well as reduced risks from climate shocks. Managed poorly, however, it could result not
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How the State Bank of Vietnam Deals With Climate Risks
Pierre Monnin and
Patrick Lenain | 13 December 2022
Monetary,
Op-Eds | Tags:
Central Banks,
Climate Risk
In Vietnam, the central bank has successfully supported economic growth. However, by doing that, the State Bank of Vietnam (SBV) has also contributed – unintentionally – to fast-rising greenhouse gas emissions.
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How to Ensure Climate and Environmental Risk Resilience of Central Bank Operations and the Financial System
23 November 2022 | Singapore
Monetary,
Roundtables | Tags:
Central Banks,
Financial Supervision
CEP together with AMRO and SEACEN co-hosted a roundtable for central bankers and financial supervisors to exchange experiences, ideas and best practices on how to account for climate and environmental risks in central banking and financial supervision. The discussions covered (1) the challenges of climate
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