Haruhiko Kuroda: New dimensions and frontiers in central banking

Opening remarks (virtual) by Mr Haruhiko Kuroda, Governor of the Bank of Japan, at the 2022 BOJ-IMES Conference hosted by the Institute for Monetary and Economic Studies, 25 May 2022. 

The views expressed in this speech are those of the speaker and not the view of the BIS.

It is my great pleasure to welcome you all to the 2022 BOJ-IMES Conference. On behalf of the conference organizers, I would like to thank you all for your participation.

This is the 27th conference since its start in 1983. Due to the continuing effects of COVID-19, the conference is being held online, as last year. The previous conference was very fruitful with lively and wide-ranging discussions on the theme of "Adapting to the New Normal: Perspectives and Policy Challenges after the COVID-19 Pandemic." Since then, however, the environment surrounding central banks has changed dramatically. Given these developments, the themes for discussion appear to have expanded rapidly. That is why I think this is the ideal opportunity for central banks, international institutions, and academia to gather and exchange opinions.

Against this background, the theme of this year's conference is "New Dimensions and Frontiers in Central Banking." Now I would like to provide an overview of the theme, focusing on the new dimensions faced by central banks and the frontiers they are developing.