Podcasts Business Non-Profit Macro Musings with David Beckworth Agustin Carstens on Central Banking in Emerging Markets, the Distributional Footprint of Monetary Policy, and Central Bank Digital Currency

Agustin Carstens on Central Banking in Emerging Markets, the Distributional Footprint of Monetary Policy, and Central Bank Digital Currency

Published: July 5, 2021, 4:30 a.m.

Agustin Carstens leads the Bank for International Settlements or the BIS in his role as general manager and previously served as the governor of the Bank of Mexico. He also served as the deputy managing director of the International Monetary Fund. Agustin joins David on Macro Musings to discuss the new BIS 2021 annual report. Specifically, David and Agustin discuss the macroeconomic developments of the past year, the distributional footprint of monetary policy, the evolving role of central banking, and the outlook for central bank digital currency (CBDC).

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Transcript for the episode can be found here.

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Agustin\u2019s BIS profile: https://www.bis.org/author/agust%C3%ADn_carstens.htm

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Related Links:

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*Annual Economic Report 2021* by the BIS

https://www.bis.org/publ/arpdf/ar2021e.htm

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U.S. Monetary Policy and the Global Financial Cycle* by Silvia Miranda-Agrippino and H\xe9l\xe8ne Rey

https://academic.oup.com/restud/article/87/6/2754/5834728?login=true

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David\u2019s blog: macromarketmusings.blogspot.com

David\u2019s Twitter: @DavidBeckworth