13th Asian Monetary Policy Forum To Discuss Challenges Facing The Global Economy And The International Monetary System

The 13th Asian Monetary Policy Forum (AMPF), organised by the Asian Bureau of Finance and Economics Research (ABFER), the National University of Singapore (NUS) Business School, and the Monetary Authority of Singapore (MAS), will take place in Singapore today and tomorrow. The AMPF brings together leading academics and policymakers to examine key economic and financial issues in Asia and the world. 

2 Professor Michael Spence, recipient of the 2001 Nobel Memorial Prize in Economic Sciences, will deliver the keynote address at this year's joint ABFER and AMPF dinner on 21 May. Professor Spence will discuss structural shifts in the global economy, including the artificial intelligence (AI) revolution, and their implications for productivity, growth and policy.

3 On 22 May, Dr Philip R. Lane, Chief Economist and Member of the Executive Board of the European Central Bank, will open the proceedings with his views on the evolution of Europe’s position in the global economy. Professor Eswar Prasad of Cornell University, will then deliver the commissioned paper on the transformation of the international monetary system, including the impact of geoeconomic fragmentation. 

4 The luncheon address, by Professor Douglas A. Irwin of Dartmouth College, will be on the challenges facing the world trade system. This will be followed by a panel session comprising Professor Viral V. Acharya of Stern School of Business, New York University, Professor Wenxin Du of Harvard Business School and Professor Ross Levine of Hoover Institution, Stanford University, on the risks arising from the shifting contours of the global financial system.

5 Highlighting the influence of the Forum, Professor Sumit Agarwal, President of ABFER and Low Tuck Kwong Distinguished Professor at NUS Business School, said, “At a time of unprecedented shifts in the global political and financial order, platforms such as the Asian Monetary Policy Forum are more vital than ever. By convening leading policymakers and scholars from around the world, the Forum creates a unique space for rigorous debate, deeper regional understanding, and actionable policy insights on the evolving international monetary system.”

6 Reflecting on the 13th AMPF’s significance at the 250th anniversary year of Adam Smith’s The Wealth of Nations, Mr Edward S. Robinson, Deputy Managing Director (Economic Policy) and Chief Economist of MAS said, “This year's Forum convenes at a time when policymakers globally are navigating profound geopolitical, trade and technological change. The interplay of these forces is beginning to fundamentally reshape the international economic order, requiring new insights for the foundations of a prosperous society.”
 
7 More information on AMPF and conference details can be found at https://abfer.org/events/asian-monetary-policy-forum .