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Financial markets

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Literature review

The growth gap: a literature review of regulation and growth

Rose Poyser, Karan Singh, David Stallibrass

This review summarises the current evidence base connecting financial services regulation to economic growth. It focuses on three key routes to support growth: increasing exports by enhancing the international competitiveness of financial services, increasing the productivity of the UK financial services sector and supporting broader economic growth in the production and distribution of non-financial goods...
Report

Central bank digital currency and the future of digital money in Australia


This report summarises research on central bank digital currency (CBDC) and how this has informed the current assessment of CBDC issues in Australia. The report also sets out a three-year roadmap for future work on digital money and concludes that a clear public interest case to issue a retail CBDC has yet to emerge in...
Report

Papua LNG project: financiers taking the risk


The author of this report argues that the sum of the financial, environmental, political and legal risks facing the Papua LNG project are issues that financiers to the project must carefully consider.
Discussion paper

The yield and market function effects of the Reserve Bank of Australia’s bond purchases


In this paper, the authors examine the effect on government bond yields of three Reserve Bank of Australia policy measures implemented following the onset of the COVID-19 pandemic. They also assess the impact of the three measures on government bond market functioning.
Report

Accounting for the digital economy: time for a fresh approach


This paper aims to explain why the information economy requires a new approach to accounting. It examines how the profession can reshape existing accounting standards to help fill the information gap, while developing an entirely new approach to gathering and reporting financial and non-financial information.