At the time of the fifth Asia KLEMS meeting in 2019, India was selected as the venue for the next conference. Unfortunately, COVID-19-related restrictions on international travel prevented the conference from being convened in 2021 but finally, the sixth Asia KLEMS conference is being held today.
At the same time, a Europe-wide banking system is an important step towards completing Economic and Monetary Union. For a single currency area to work effectively, citizens should have faith in money in all its forms, not only in cash but also in bank deposits held across the whole region.