Group of Thirty Members in the News: CLICK HERE
Featured Podcast
Episode 6: Paul Krugman on Globalization and Industrial Policy
The latest episode of 30/30 Vision is now LIVE! Subscribe today so you'll never miss an episode. Listen now »
Featured Video
G30 38th Annual International Banking Seminar
The Group of Thirty was pleased to host its premiere annual event, the International Banking Seminar, on Saturday, October 14 in Marrakech, Morocco. The IBS was hosted by Bank Al-Maghrib and featured remarks from Abdellatif Jouahri, Christine Lagarde, Andrew Bailey, Axel Weber, Kristalina Georgieva, Lesetja Kganyago, and Mark Carney.
Recent Publications
Central Banking and Monetary Policy: Principles and the Way Forward
2023 — This report calls for a return to a focus on central bank core goals, backed by maintaining central bank operational independence and a humble approach to central banking. Learn more »
Why Does Latin America Underperform?
2023 — This paper provides an overview and analysis of why Latin America is failing to converge to the income levels of advanced economies and highlights several policy steps to take going forward. Learn more »
Member News
G30 report, Central Banking and Monetary Policy: Principles and the Way Forward, calls for a shift in approach
November 30, 2023 — The Group of Thirty (G30) today published Central Banking and Monetary Policy: Principles and the Way Forward. A product of the G30 Working Group on Monetary Policy, the report dissects the causes of the inflationary spike across many economies and the weaknesses in central banking models and approaches that contributed to a delayed response to the price hikes. It states that central bank frameworks, re-designed for a low inflation world and coupled with a data-driven approach to setting policy, slowed reactions to price rises as they developed. At the same time, existing policy commitments limited room to maneuver, resulting in some advanced economy central banks being behind the curve in their response to inflation. The study calls for a return to a focus on central bank core goals, backed by maintaining central bank operational independence and a humble approach to central banking.