Croatian National Bank opens 32nd Dubrovnik Economic Conference on monetary policy digital currencies and financial crises

The Croatian National Bank has opened the 32nd Dubrovnik Economic Conference in Dubrovnik, bringing together academics, central bankers, international financial institution representatives and financial sector participants. The first day focuses on how monetary policy operates in a high inflation environment, including the transmission of monetary policy shocks and the importance of the exchange rate for inflation in the euro area, alongside discussion of central bank independence, currency digitalisation, the role of banks and financial institutions, and housing affordability from a monetary policy perspective. The second day is set to cover the role of central banks in financial crises, sovereign debt and fiscal integration in the European Union, global payment systems and digital assets such as stablecoins and their impact on monetary policy and finance. A keynote lecture by Catherine R. Schenk of Oxford University addresses public and private interests in the architecture of global payments. Governor Boris Vujčić opened the conference, introduced Hélène Rey’s lecture on the internationalisation and digitalisation of currencies, and chaired a panel on digital assets featuring speakers from the Bank of England, the Federal Reserve Board of Governors, academia and the private sector. The Croatian National Bank also published links to the papers presented at the conference and at the 19th Young Economists Seminar held alongside it.