The September 2026 issue of the BIS Quarterly Review is out:
Overview
Articles
- Financing the digital economy: the role of private credit
by Puriya Abbassi, Iñaki Aldasoro and Sebastian Doerr
Private credit helped finance the post-2020 shift to the digital economy by lending against cash flows and intangible assets.
- Bank executive compensation and risk-taking
by Gaston Gelos, Bertrand Rime and Kevin Tracol
Deferring executive pay reduces risk, but the 2023 banking turmoil showed how weak governance can amplify risks even with deferrals.
- International credit to Africa
by Bryan Hardy, Swapan-Kumar Pradhan and Előd Takáts
International credit to Africa has grown rapidly, driven by new lenders, borrowers and bond markets.
- Core inflation communication in practice
by Eduardo Amaral, Alejandrina Salcedo and Ilhyock Shim
Central banks have increased mentions of core inflation and the variety of its metrics to better gauge underlying price pressures.
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