The International Monetary Fund, together with the Bank of England, the Banque de France, Banca d’Italia and the OECD, published a call for papers for the 7th annual workshop on International Capital Flows and Financial Policies, scheduled for 29 September 2026 at the OECD headquarters in Paris. The workshop is positioned to examine how cyclical factors such as inflation-driven monetary policy shifts in advanced economies and longer-run structural forces including a more fragmented international financial system and the growing role of non-bank financial institutions are affecting capital flows and associated risks. The one-day programme will bring academics and policymakers together and includes a keynote and a high-level panel discussion. Topics flagged for submissions include capital flows and exchange rates under fragmentation and the implications for global imbalances; the role of trade policies, defence spending and geopolitics; climate change and transition risks; non-bank financial intermediation and shock propagation; the impact of artificial intelligence; the effects of stablecoins, unbacked cryptos and central bank digital currencies including potential circumvention of capital flow management measures; crisis-time deployment of capital flow management measures and interactions with other macroeconomic policies; and the role of safe assets, sovereign debt, global bond markets, interest-rate volatility and higher debt burdens. The organisers specified that only full papers would be accepted, with a submission deadline of 25 April 2026 and author notifications by 30 June 2026. Participation carries no registration fee, and limited travel and accommodation funding is available for presenters from academic institutions, excluding central banks and institutions.