To mitigate and adapt to the severe and systemic consequences of climate change, emerging market and developing economies require substantial investments. The considerable increase in interest rates globally over the past two years, coupled with heightened policy and geopolitical uncertainty, have dampened investors’ appetites for investing in EMDEs as developed markets offer more attractive risk profiles.
The discussion around tokenised assets and their use cases has surged in the past year. A recent study from BNY Mellon showed that 97% of institutional investors think that tokenisation is set to revolutionise asset management.
Masazumi Watakabe, former deputy governor of the Bank of Japan and current professor of economics at Waseda University, joins OMFIF to discuss Japan’s monetary outlook, its experience of negative rates and future economic prospects.​​​​
Steven Kamin, senior fellow at the American Enterprise Institute, and Mark Sobel, OMFIF’s US chair, discussed their paper, ‘Dollar dominance is here to stay for the foreseeable future’.
This year’s annual features contributions from DMI members on the theme of interoperability, its value and the challenges of delivering it, emphasising a growing need to incorporate interoperability in financial systems.
