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A word from the President

The growing sophistication of our increasingly global financial systems and the greater demand for accountability from our institutions mean that central banks need to have a substantial capacity to foster internal and external research. This entails a strengthening of the traditional ties between the academic world and the financial community. At a time when a far-reaching reappraisal of theoretical and practical economics is under way, the field of research is becoming ever wider, constantly drawing on new sources of experience and knowledge...

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