12th Asian Monetary Policy Forum To Discuss Challenges For Monetary Policy And Financial Stability Amid Geo-Economic Shifts

The 12th Asian Monetary Policy Forum (AMPF) will take place in Singapore today and tomorrow. This year’s Forum, organised by the Asian Bureau of Finance and Economic Research (ABFER), the National University of Singapore (NUS) Business School, and the Monetary Authority of Singapore (MAS), will bring together leading academics and policymakers to examine key economic and financial issues in Asia. 

2 Professor Raghuram G. Rajan, Katherine Dusak Miller Distinguished Service Professor at the University of Chicago Booth School of Business, will address this year’s joint ABFER and AMPF dinner on 22 May. In his keynote speech, Professor Rajan will discuss the connections between the monetary policy cycles of recent years and financial stability risks. 

3 On 23 May, Dr Adam S. Posen, President of the Peterson Institute for International Economics, will open the proceedings with his views on prospects for the global economy amid heightened geopolitical tensions. Professor Hélène Rey, Lord Raj Bagri Professor of Economics from the London Business School will then deliver the commissioned paper on the US-centred status quo in global finance. The afternoon session will have Professor Pierre-Olivier Gourinchas, Economic Counsellor of the International Monetary Fund, deliver the luncheon address on the evolution of international economic and financial linkages. This will be followed by a panel session comprising Dr Jan Hatzius, Chief Economist and Head of Global Investment Research of Goldman Sachs, Dr Eric Parrado Herrera, Chief Economist and Economic Counselor of the Research Department of the Inter-American Development Bank, and Dr Jeffrey Jaensubhakij, Adviser at GIC, discussing the propagation of global policy shocks through financial markets. The Forum will conclude with distinguished guest speaker Dr Agustín Carstens, General Manager of the Bank for International Settlements, who will offer his reflections on his distinguished career in central banking. 

4   Highlighting the influence of the Forum, Professor Sumit Agarwal, President of ABFER and Low Tuck Kwong Distinguished Professor at NUS Business School, said, “Amid unprecedented shifts in the global political and financial landscapes, the Asian Monetary Policy Forum remains a vital platform for generating policy-relevant perspectives. The discussions it fosters will play a crucial role in helping to stabilise the complex financial landscape across Asia and beyond.”

5  Mr Edward S. Robinson, Deputy Managing Director (Economic Policy) & Chief Economist of MAS, noted the importance of the Forum in addressing current challenges.  “Through its twelve-year history, discussions at the AMPF have shed light on the most pressing global issues facing economic policymakers in the Asian region. Today, shifting geopolitical dynamics risk disrupting trade and financial systems that underpin the global economy, with potentially major implications for the small, open economies in the region. The AMPF’s role as a forum for policymakers, academics and the private sector to deliberate on emerging issues and develop policy-relevant insights assumes even greater importance.”
 
6 More information on AMPF and conference details can be found at https://abfer.org/events/asian-monetary-policy-forum .