BIS invites research on global financial stability linkages
The Bank for International Settlements (BIS), in collaboration with the Hong Kong Institute for Monetary and Financial Research (HKIMR) and the International Monetary Fund (IMF), has issued a call for papers on global interconnections and their implications for financial stability. Researchers are invited to submit contributions by August 31, 2026.
Unpacking cross-border financial vulnerabilities
The call for papers seeks original research exploring the complex interplay of global financial linkages and their impact on systemic stability.
Key areas of interest include the transmission channels of financial shocks across borders, the role of non-bank financial intermediaries in amplifying or mitigating these shocks, and the implications of digital innovation for cross-border capital flows.
Researchers are encouraged to submit empirical and theoretical contributions that shed light on new vulnerabilities arising from increased global integration, as well as policy responses to enhance resilience.
The BIS, HKIMR, and IMF aim to foster a deeper understanding of how interconnectedness shapes financial risk landscapes in an evolving global economy, considering both advanced and emerging markets.
Submissions should offer novel insights into policy challenges and potential regulatory frameworks.
A joint effort for deeper insights
This joint initiative by the BIS, the Hong Kong Institute for Monetary and Financial Research (HKIMR), and the International Monetary Fund (IMF) underscores the growing importance of international cooperation in addressing financial stability challenges.
The global financial crisis highlighted the rapid propagation of risks across jurisdictions, a phenomenon further intensified by technological advancements and evolving market structures.
This call aims to bring together leading academics and practitioners to contribute to the policy debate, providing evidence-based analysis to inform regulatory and supervisory efforts worldwide.
The selected papers will be presented at a conference in Hong Kong in October 2026.
Timely focus on systemic fault lines
This call for papers is a crucial and timely initiative, addressing the persistent and evolving challenges of global financial interconnectedness.
The focus on new vulnerabilities, particularly from non-banks and digital finance, highlights areas where policy understanding remains nascent.
While academic contributions alone cannot solve these complex issues, they are indispensable for building a robust analytical foundation for future policy action.