Viola Llewellyn is the President and co-founder of award winning "TradeTech" company, Ovamba Solutions, where she oversees innovation, strategy, and business development. Ms. Llewellyn is globally recognized as an expert on African entrepreneurship,…
The Detroit Neighborhood Entrepreneurs Project +Impact Studio for Local Business (DNEP +ISLB) is an internship program for U-M students interested in applying their skills to help Detroit-based small business owners (re)grow their businesses. The...
The Consumer Protection in an Age of Uncertainty conference explored the status of consumer financial protection as it affects American borrowers, investors, small business owners, and those planning for retirement. Rich Cordray, founding director...
Are you interested in pursuing a career in public service working on financial issues (i.e., with a regulator, policymaker, or think tank), or headed to a corporate job in financial services (i.e., with a fintech, a law firm, or a financial...
Pollination workshops - apps due 12/1
Through a series of facilitated workshops centered around each of the six research challenges, this stage helps increase awareness of existing experts on campus, build partnerships with external stakeholders,...
Working through a pandemic has been stressful enough for Detroit’s small-business community. Finding enough time, energy and talent to expand their companies through innovative programs, social media or new strategy has been doubly difficult. But a...
On February 15, the Center on Finance, Law & Policy hosted “Fintech in the African Context” as
part of the University of Michigan’s Africa Week. Panelists discussed regulatory frameworks, barriers
to scale, and business models that respond to the...
Nov 16, 2020/2020-central-bank-future-conference-papers
"Banking Regulation and Antitrust Towards Financial Inclusion and Access to Credit" by Denis Guimaraes
"Central Bank Communication with a Financial Stability Objective" by David M. Arseneau
"Developing Country Central Banks of the Future as...
A Central Bank Experience During COVID-19
Note: As part of the Central Bank of the Future research project, we asked a few people to help us think big in reimagining the Central Bank of 2070. What underlying assumptions would have to change to...
Note: As part of the Central Bank of the Future research project, we asked a few people to help us think big in reimagining the Central Bank of 2070. What underlying assumptions would have to change to foster economic inclusion? This post is the...
Come check out the 4th annual Business + Impact Showcase with multiple centers, institutes, clubs, courses, and the Detroit Neighborhood Entrepreneurs Project represented!
The University of Michigan's Center on Finance, Law & Policy and the Federal Reserve Bank of San Francisco are co-hosting the second “Central Bank of the Future” Conference on Monday-Wednesday November 16 – 18, 2020, and we hope that you can join us from 12-4 EST.
Traditionally, central banks have served three policy functions – monetary policy, payments systems oversight, and financial institution supervision. This conference will convene international experts and practitioners to examine how these core functions contribute to financial inclusion, poverty alleviation, and a more inclusive economy – and what could be improved.The conference contributes to a research initiative undertaken by the University of Michigan’s Center on Finance, Law & Policy, in partnership with the Bill & Melinda Gates Foundation to consider how the role of a central bank could evolve in the future and enable central banks to make greater contributions toward financial inclusion. Ultimately, the research intends to identify technologies, processes, or tools that could benefit a central bank in supporting public policy objectives related to inclusion, and consider whether other sectors, including philanthropy, might have a role to play in supporting the development of those tools. Registration to the event is free. Speakers and attendees will include individuals from standards-setting bodies, central banks and other financial regulators, and policymakers, as well as futurists and technologists, and other financial ecosystem stakeholders.For more information visit http://financelawpolicy.umich.edu.
Over the past two years, the University of Michigan’s Gerald R. Ford School of Public Policy and its Center on Finance, Law & Policy, with support from the Bill and Melinda Gates Foundation, has embarked on an exploration of the Central Bank of the...
This brief is part of the Central Bank of the Future Project (“CBOTF”), a research project that seeks to identify ways that central banks across the world can improve access to financial products and services for underserved communities. CBOTF...
“Financial inclusion in India is soaring,” reads a 2019 headline from the World Economic Forum. The article is rife with promising statistics. In just seven years, the number of Indian citizens holding a bank account increased from forty to eighty...
On March 31, 2021, the University of Michigan Center on Finance, Law & Policy convened a roundtable of central bankers, policy experts, and researchers to examine the intersection of climate change and financial inclusion. Participants included a...
This open source dataset created by the University of Michigan Center on Finance, Law & Policy. Designed to contribute to an international perspective, this original dataset identifies which central banks around the world have made financial...
This paper, written to assist faculty in teaching about the pandemic, focuses on key actions taken by the financial regulators in response to the crisis so far, giving a detailed summary of the actions taken by the Federal Reserve, the Treasury...
The goal of this paper is to provide an early research note, beginning to build a foundation for a series of forthcoming Central Bank of the Future (CBOTF) papers, so that readers embark on this journey with a basic understanding of the evolution of...
The Financial Crisis and ensuing Great Recession caused enormous hardship for households. Using original datasets, we examine the effects of the recession on a population many might think had nothing left to lose: low- and moderate-income households...
The following article is based on a talk give by Assistant Professor of Law Michael S. Barr to the University of Texas Law School-Harvard Law School Joint Conference on Commercial Law Realities in Austin, Texas, in April. Barr was selected by the...
In partnership with the Bill and Melinda Gates Foundation, this project explores the mandate and design of central banks to consider whether they might play an even stronger role in promoting financial inclusion, financial health, and a more inclusive...
To combat the financial impacts of COVID-19, central banks have implemented a variety of emergency response programs. This session reviews how those programs are changing the role of the central bank and how they interact with inclusion.
Mr. Mu Changchun, Director-General of the Digital Currency Institute at the People’s Bank of China, discusses eYuan, ANT financial, and China’s approach to digital currency with Dean Michael Barr of the Ford School of Public Policy.
Around the world, entrepreneurs and investors are creating new technologies and business models that have pushed the boundaries of what is, or is not, a financial service.
The 2020 Central Bank of the Future Conference concludes with a discussion between Governor Patrick Njoroge of the Central Bank of Kenya and Christopher Calabia of the Bill & Melinda Gates Foundation.
The National Bank of Cambodia is innovating fast. In this keynote address, Her Excellency Chea Serey describes the evolving role of the central bank in currency, data, cybersecurity, and supervision.
