IMF Event: Measuring Money in the Digital Age

IMF Event: Measuring Money in the Digital Age

Digitalization is changing the way individuals and businesses interact with the financial system.

The 11th Statistical Forum of the International Monetary Fund (IMF) will take place in hybrid format (in person and virtually) in Washington, D.C. during November 15 to 16, 2023. 

The Forum is a platform for policymakers, researchers, the private sector, regulators, and compilers of economic and financial data to come together to discuss cutting edge issues in macroeconomic and financial statistics and to build support for statistical improvements.

According to the IMF, the theme of this year’s Statistical Forum is Measuring Money in the Digital Age. As digitalization is pervasive, it has impacted all aspects of life – and money is no exception.  

There are daily accounts of the rise and fall of digital currencies, stable coins and other types of crypto assets, however there is little formal “accounting” of these new forms of money. 

Digitalization is also changing the way individuals and businesses interact with the financial system. As digitalization continues to impact the future of money and the exchange of value, effective policy and regulation are needed to ensure a stable and equitable financial system.

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The Forum will explore (i) the new forms of money and payments, (ii) the implication for financial stability and monetary policy, (iii) the impact on financial inclusion and illicit financial flows, and (iv) how we can better measure the new forms of money and payments to support policymaking. 

The Forum focuses on a discussion track, where participants will have the opportunity to share experiences, and build on topics of mutual interest through presentations and panel discussions.