Also, the presentation sessions feature cutting-edge papers covering a wide range of topics in the frontiers of monetary policy, such as economic inequality, climate change, digital currencies, and automation of the economy, all of which are crucial topics for current central banking.
Finding a solution to the “too big to fail” problem will be critical in order to protect public budgets from banks’ distress. What we need is a resolution mechanism which will allow even large banks to be resolved without jeopardising the financial system or requiring the taxpayer to foot the bill.