Central banks across the planet are engaging in a robust agenda that would have been unrecognizable just a few years ago.  Quantitative easing, macro prudential monitoring, asset market support in Europe have all made it much more difficult to understand what a central bank does and does not do.

Can central banks easily mop up liquidity and shrink their balance sheets when the world economy begins to recover, or will inflationary dynamics emerge? In the mystical realm of money, are central banks courting controversy that will threaten their credibility and stature within society? If they lose their leading role what will markets condition their expectation upon?

The event was called “The Changing of the Guard?” because it focused on the most pressing global questions of our time, such as economic inequality and financial instability, all set against the backdrop of Asia’s rising importance in the world. CIGI is a co-sponsor of this event.
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