The Green Party is issuing a cautionary statement regarding a proposal ostensibly to finance a just and sustainable transition. Three authors have proposed a financing scheme for a Green International ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

Technology is reshaping capital flows and currency dominance; data integrity is essential for financial stability Technology is poised to shake up the international monetary and financial system. How ...

"A gold standard would restore integrity and stability to the U.S. dollar and the international monetary system—qualities that have been sorely missing for years." — Steve Forbes, Chairman and ...

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to ...

In an era dominated by digital innovation, the concept of central bank digital currencies (CBDCs) is emerging as a groundbreaking evolution in the financial sector. Unlike traditional forms of money, ...

This year’s report provides the external sector assessment of 30 of the world’s largest economies on the basis of their 2024 data. Global current account balances in 2024 widened significantly. Staff ...