The Turkish economy, weathered by skyrocketing inflation and a plunging currency value, stands at a critical juncture. Following the undecided result on 14 May 2023, Türkiye is headed for a run-off election on 28 May. No matter the outcome, the next government will face a challenging economic backdrop and political situation.
Real-time settlement of bonds is ‘fundamentally problematic’ By Burhan Khadbai Instant settlement of debt securities may be achieved with electronic debt capital markets platforms and digital bonds. But it is not realistic when the payments system in bonds markets is flawed.
How to unlock Japan’s baby boom savings By Jesper Koll A large part of Japan’s financial household wealth will become ‘unstuck’ over the next 10-15 years, which means this is an unprecedented opportunity for policy-makers to get creative.
LATEST REPORT Central banks in the digital age: bringing data into focus As central banks evolve to meet the demands of the modern age, the types of data they gather are becoming more unconventional and so are the tools and strategies they use for analysis.
