​​In the current global landscape, characterized by numerous challenges, the urgency for refined macroeconomic policy strategies becomes increasingly crucial. The convergence of escalating geopolitical shifts, the profound implications of climate change, and the lasting effects of both the global financial crisis and the COVID-19 pandemic, necessitate a reassessment of conventional economic approaches. This situation is particularly pronounced in emerging markets such as Indonesia, where the aftermath of COVID-19 has given rise to volatile capital flows, presenting new challenges to traditional monetary policy frameworks. 

Building upon our experiences since the aftermath of the Global Financial Crisis, the Bank Indonesia Institute has been at the forefront of delving into these issues. Since 2016, our annual Central Bank Policy Mix international seminar has served as a platform for exchanging insights and learning from global experts and diverse national experiences. This year, as we navigate the path to recovery from the COVID-19 pandemic and adapt to a new changing strategic environment, our seminar centers around the theme “Central Bank Policy Mix for Stability and Economic Recovery." Its objective is to address the complex and evolving challenges in the domain of central bank policy mix, taking into consideration the impacts of digital technology and climate change. 

The book can be read in full at the Bank Indonesia Head Office Library.​