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Ten years after: the global financial and economic crisis - impact and implications

Anheier, Helmut / Sonja Kaufmann / Sebastian Ziaja (2018)
External Publications

Climate change and the cost of capital in developing countries: assessing the impact of climate risks on sovereign borrowing costs

Buhr, Bob / Ulrich Volz / Charles Donovan / Gerhard Kling / Yuen Lo / Victor Murinde / Natalie Pullin (2018)
Books

Localising sovereign debt: the rise of local currency bond markets in Sub-Saharan Africa

Dafe, Florence / Dennis Essers / Ulrich Volz (2018)
External Publications

Chinas neue Seidenstrasse: Chancen und Risiken bei ihrer Finanzierung

Berensmann, Kathrin (2019)
External Publications

China's new silk road: financing opportunities and risks

Berensmann, Kathrin (2019)
External Publications

Financial market and capital flow dynamics during the COVID-19 pandemic

Beirne, John / Nuobu Renzhi / Eric Sugandi / Ulrich Volz (2020)
External Publications

Case studies of environmental risk analysis methodologies

Ma, Jun / Ben Caldecott / Ulrich Volz (2020)
External Publications

Tax expenditure and the treatment of tax incentives for investment

Redonda, Agustin / Santiago Diaz de Sarralde / Mark Hallerberg / Lise Johnson / Ariel Melamud / Ricardo Rozemberg / Jakob Schwab / Christian von Haldenwang (2019)
External Publications

Sustainable finance in Japan

Schumacher, Kim / Hugues Chenet / Ulrich Volz (2020)
External Publications

IMF special drawing rights: a key tool for attacking a COVID-19 financial fallout in developing countries

Gallagher, Kevin P. / José Antonio Ocampo / Ulrich Volz (2020)
External Publications

The role of central banks in scaling up sustainable finance: what do monetary authorities in the Asia-Pacific region think?

Durrani, Aziz / Masyitah Rosmin / Ulrich Volz (2020)
External Publications

Persistent current account imbalances: are they good or bad for regional and global growth?

Beirne, John / Nuobu Renzhi / Ulrich Volz (2020)
External Publications

Central bank mandates, sustainability objectives and the promotion of green finance

Dikau, Simon / Ulrich Volz (2018)
External Publications

The Yen exchange rate and the hollowing out of the Japanese industry

Belke, Ansgar / Ulrich Volz (2020)
External Publications

Capital flows to emerging market and developing economies: global liquidity and uncertainty versus country-specific pull factors

Belke, Ansgar / Ulrich Volz (2018)
Discussion Paper 23/2018

This study empirically analyses the push- and pull factors of different types of capital flows to emerging market and developing economies, with a particular focus on the role of economic policy uncertainty and global liquidity.

Bond yield spillovers from major advanced economies to emerging Asia

Belke, Ansgar / Irina Dubova / Ulrich Volz (2018)
External Publications

RMB internationalisation and currency co-operation in East Asia

Volz, Ulrich (2014)
External Publications

This arcticle scrutinises the state of RMB internationalisation and its likely progress over the coming years and discusses its implications for currency co-operation in East Asia. As part of its internationalisation, the RMB is gradually delinked from the dollar, which will effectively put an end to the East Asian dollar standard that has shaped the region's financial architecture over the last three decades and that has provided a relatively high degree of intra-regional exchange rate stability. Because of the close trade and investment ties that have developed across the region, the East Asian countries, especially the ASEAN countries which are striving to create an ASEAN Economic Community, will continue to manage their exchange rates and stabilise their currencies against one another to facilitate cross-border investment and commerce. But instead of a replacing of the dollar standard with an RMB standard we are likely to see some rather loose and informal exchange rate co-operation in East Asia based on currency baskets, with China herself moving towards a managed exchange rate system guided by a currency basket.

Financing global Development: The BRICS New Development Bank

Griffith-Jones, Stephany (2015)
Briefing Paper 13/2015

The BRICS New Development Bank will provide valuable resources to help fill the massive gap in investment in infrastructure and sustaibable development resources in emerging and developing countries and will give those countries a greater voice in the development finance architecture.

How strong is the case for dollarization in Costa Rica? A note on the business cycle comovements with the United States

Lindenberg, Nannette / Frank Westermann (2009)
External Publications

On the role of central banks in enhancing green finance

Volz, Ulrich (2017)
External Publications