At CBK, our vision is to be a data-focused organization that drives insight, facilitates efficient oversight and informs well researched policy through credible data. This is a vision that is embraced by many of the central banks and other institutions represented here. The COVID-19 pandemic has only served to accentuate the importance of data, science and facts.
Between emerging and advanced economies: Given that the crisis originated in the advanced economies, the incentives for emerging and developing economies to ring fence their financial systems are particularly pronounced. This has been, at times, supplemented by more active management of capital inflows, further fragmenting the global system.