Media Releases
Published Date: 23 May 2024

11th Asian Monetary Policy Forum to Discuss Monetary Policy Challenges Amid Uncertainty and Structural Shifts in the Global Economy


Singapore, 23 May 2024… The 11th Asian Monetary Policy Forum (AMPF) will take place in Singapore today and tomorrow. This year’s AMPF once again brings together leading policymakers and academics to focus on the challenges confronting monetary policy against the current macroeconomic and financial landscape. 

2 The joint dinner for AMPF and the Asian Bureau of Finance and Economic Research (ABFER), taking place in the evening of 23 May, will be addressed by Professor David Autor of the Massachusetts Institute of Technology. In his keynote speech, Professor Autor will discuss the long-term implications of recent technologies, including generative Artificial Intelligence, on the labour market.

3 The Forum sessions on 24 May will open with an address by Professor Axel Weber, President of the Centre for Financial Studies, Goethe University. Professor Weber’s remarks will focus on the global macro-financial conjuncture and the outlook for monetary policy. Professor Kenneth Rogoff from Harvard University will then deliver the commissioned paper on two competing hypotheses of interest rates and long-term global growth, and its relevance for Asia. The afternoon session will feature a panel on China’s growth challenges and prospects, with Professor Wang Gungwu (National University of Singapore), Professor Yu Yongding of the Chinese Academy of Social Sciences, Professor Loren Brandt from the University of Toronto and Professor Bert Hofman (NUS) as speakers. A Policy Note session by Professor Beatrice Weder di Mauro, President at the Centre for Economic Policy Research, on the implications of Credit Suisse’s recent restructuring will round off the day’s programme. 

4 The AMPF is the annual policy research event organised by the ABFER, NUS Business School, and MAS since 2014. It also receives financial support from the University of Chicago Booth School of Business.

5 Professor Sumit Agarwal, President of ABFER and Low Tuck Kwong Distinguished Professor at NUS Business School, said, “This year’s Asian Monetary Policy Forum comes at a pivotal moment as rapid technological advances and evolving economic structures reshape the global financial landscape. The insights from our distinguished speakers will provide invaluable perspectives on these transformations, enhancing our understanding of monetary policy and economic strategies in Asia and beyond.”

6 Mr. Edward S. Robinson, Deputy Managing Director (Economic Policy) & Chief Economist, MAS, said, “The AMPF has become an established platform to discuss applied research on monetary policy issues, with an emphasis on the Asian region. Sound policy requires sound analysis, and we are confident that this year’s AMPF will continue to leverage the collective wisdom of participants to offer insights that can credibly guide robust policymaking through the challenging landscape of high global debt, distributional effects of AI and divergent regional growth prospects.”

7 More information on AMPF and conference details can be found at


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 .

About the University of Chicago Booth School of Business

Founded in 1898, The University of Chicago Booth School of Business is the second-oldest business school in the United States. With campuses in Chicago, London and Hong Kong, our mission is to create knowledge with enduring impact, and educate current and future leaders. The school is steadfast in its commitment to global engagement, leveraging the power of diverse perspectives to generate new ideas and create new opportunities for research and education. Chicago Booth has distinguished itself with nine Nobel laureates, and is proud to claim more than 54,000 alumni known throughout the business world as leaders who bring people together, solve problems, and drive meaningful change.

About NUS Business School

The 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 received top rankings in the Asia-Pacific region by independent publications and agencies.

The school is accredited by AACSB International (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System), and is a member of the GMAC Council, Executive MBA Council, Partnership in Management (PIM) and CEMS (Community of European Management Schools) – endorsements and affiliations with organisations of high repute in the education circle that attest to the school’s highest standards for business education. For more information, please visit .

About 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