Ideas for Developing Asia and the Pacific

Call for Papers on Macroeconomic Stabilization in the Digital Age


Macroeconomic Stabilization in the Digital Age
Asian Development Bank Institute (ADBI) and Sim Kee Boon Institute (SKBI), Singapore Management University (SMU)

Over the past decade, the global financial crisis and the rise of the digital economy have created new challenges for the management of the economy. During this period, emerging economies have had to deal with large and volatile capital flows. While such capital flows can have substantial benefits for economies in terms of growth and development, they can also pose substantial risks if not properly managed. Achieving macroeconomic stability can be fraught with difficulty when capital inflows lead to greater volatility of domestic consumption, currency and maturity mismatches, as well as boom/bust cycles in asset prices. New approaches to capital flow management and improving resilience to capital flow shocks are thus more important than ever.

In conjunction with these developments, the onset and growth of fintech has implications for cross-border capital flows. Innovations related to payments systems, maturity transformation, and the allocation of capital can create challenges for macroeconomic stabilization to the extent that they disrupt the efficacy of policy tools used to manage the economy.

ADBI and Sim Kim Kee Boon Institute at the Singapore Management University are seeking original research paper submissions in any field related to macroeconomic stabilization in the digital age. Topics of particular interest include:

  • Resilience of emerging markets to capital flow shocks
  • New approaches to the management of capital flows
  • Local currency bond market development
  • Monetary and financial stability in the digital age
  • The role of fintech on monetary policy transmission
  • New approaches to fiscal and monetary policy coordination

Other relevant topics are also welcome.

Selected papers will be featured at a conference hosted at the Sim Kee Boon Institute at the Singapore Management University in Singapore on 16-17 October 2019.

Papers presented at the conference will be considered for publication as ADBI working papers and as part of an ADBI book.

Submission Procedure

Submission Deadline: 1 August 2019

Authors are invited to submit full papers through this link. Please indicate if you would also like to submit your paper for inclusion in the ADBI book.

Papers will be selected by the organizing committee of this project:

  • John Beirne, Asian Development Bank Institute
  • Peter Morgan, Asian Development Bank Institute
  • David Fernandez, Sim Kee Boon Institute for Financial Economics, SMU
  • Priscilla Cheng, Sim Kee Boon Institute for Financial Economics, SMU

Authors of selected papers will be notified by 19 August 2019.

The conference organizers will cover registration, flight, and hotel costs, and provide a modest honorarium for one presenter of every accepted paper. Presenters must be a citizen of an Asian Development Bank member country.