The Bank of Finland Institute for Emerging Economies (BOFIT) was established in 1991, originally to monitor economic developments in Russia and the Baltic States, but over the years the geographical spread of the Institute’s analysis has changed, and, for example, there has been a very considerable growth in the share of attention devoted to China. However, Russia continues to be a very important focus of analysis for BOFIT. Nowadays the Institute also follows the economy of India.
To celebrate the occasion, the Bank of Finland is organizing a 30th Anniversary Conference for BOFIT on November 9, 2021. The anniversary conference will deal extensively with the development outlook in the emerging economies and their place in the global economy. In a hybrid format, too, it will offer participants an excellent opportunity to share their experiences and discuss the current situation and future prospects for the emerging economies.
The conference will be opened by Olli Rehn, Governor of the Bank of Finland, and he will also lead a panel discussion on the opportunities and challenges of central bank digital currencies both in the emerging economies and elsewhere. On the panel we will hear from Elvira Nabiullina, Governor of the Bank of Russia; Yi Gang, Governor of the People’s Bank of China;and Fabio Panetta, Member of the Executive Board of the European Central Bank. The conference will also discuss international production chains and the impacts of policy decisionson a range of economic phenomena.
The conference is aimed at central banks, researchers in the field and all those interested in the emerging economies.