Singapore, 22 May 2025… The 12th Asian Monetary Policy Forum (AMPF) will take place in Singapore today and tomorrow. This year’s Forum, organised by the Asian Bureau of Finance and Economic Research (ABFER), the National University of Singapore (NUS) Business School, and the Monetary Authority of Singapore (MAS), will bring together leading academics and policymakers to examine key economic and financial issues in Asia.

2 Professor Raghuram G. Rajan, Katherine Dusak Miller Distinguished Service Professor at the University of Chicago Booth School of Business, will address this year’s joint ABFER and AMPF dinner on 22 May. In his keynote speech, Professor Rajan will discuss the connections between the monetary policy cycles of recent years and financial stability risks.

3 On 23 May, Dr Adam S. Posen, President of the Peterson Institute for International Economics, will open the proceedings with his views on prospects for the global economy amid heightened geopolitical tensions. Professor Hélène Rey, Lord Raj Bagri Professor of Economics from the London Business School will then deliver the commissioned paper on the US-centred status quo in global finance. The afternoon session will have Professor Pierre-Olivier Gourinchas, Economic Counsellor of the International Monetary Fund, deliver the luncheon address on the evolution of international economic and financial linkages. This will be followed by a panel session comprising Dr Jan Hatzius, Chief Economist and Head of Global Investment Research of Goldman Sachs, Dr Eric Parrado Herrera, Chief Economist and Economic Counselor of the Research Department of the Inter-American Development Bank, and Dr Jeffrey Jaensubhakij, Adviser at GIC, discussing the propagation of global policy shocks through financial markets. The Forum will conclude with distinguished guest speaker Dr Agustín Carstens, General Manager of the Bank for International Settlements, who will offer his reflections on his distinguished career in central banking.

4  Highlighting the influence of the Forum, Professor Sumit Agarwal, President of ABFER and Low Tuck Kwong Distinguished Professor at NUS Business School, said, “Amid unprecedented shifts in the global political and financial landscapes, the Asian Monetary Policy Forum remains a vital platform for generating policy-relevant perspectives. The discussions it fosters will play a crucial role in helping to stabilise the complex financial landscape across Asia and beyond.”

5  Mr Edward S. Robinson, Deputy Managing Director (Economic Policy) & Chief Economist of MAS, noted the importance of the Forum in addressing current challenges.  “Through its twelve-year history, discussions at the AMPF have shed light on the most pressing global issues facing economic policymakers in the Asian region. Today, shifting geopolitical dynamics risk disrupting trade and financial systems that underpin the global economy, with potentially major implications for the small, open economies in the region. The AMPF’s role as a forum for policymakers, academics and the private sector to deliberate on emerging issues and develop policy-relevant insights assumes even greater importance.”

6 More information on AMPF and conference details can be found at https://abfer.org/events/asian-monetary-policy-forum .

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About the ABFER

ABFER aims to create a virtual and independent network of high-quality academics akin to the National Bureau of Economic Research and Centre for Economic Policy Research, as well as hold conferences and workshops. Its objectives include:

• To promote Asia-Pacific oriented financial and economic research at local, regional and international levels;
• To connect globally prominent academic researchers, practitioners and public policy decision-makers on Asia-Pacific related financial and economic issues; and
• To enhance the research capabilities and development of strong clusters of finance and economic research groups in academic institutions and other institutions in Singapore and Asia-Pacific.

For more information, please visit http://abfer.org .

About The NUS Business School

The National University of Singapore (NUS) Business School is known for providing management thought leadership from an Asian perspective, enabling its students and corporate partners to leverage global knowledge and Asian insights.

The school has consistently ranked first in Asia by independent publications and agencies, such as The Financial Times and Quacquarelli Symonds, in recognition of the quality of its programmes, faculty research and graduates.

The school is accredited by AACSB International (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System), endorsements that the school has met the highest standards for business education.

For more information about NUS Business School, please visit bschool.nus.edu.sg .

About The Monetary Authority of Singapore (MAS)

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator. As a central bank, MAS promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector. As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors and financial market infrastructures. It is also responsible for well-functioning financial markets, sound conduct, and investor education. MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.For more information, please visit http://www.mas.gov.sg .