Latest news and activities
As of February 2019, six researchers from our partner central banks are joining our visiting and coaching research programmes. We look forward to working with them to produce highly insightful and relevant research papers.
*Note the number of researchers for this semester is exceptionally high, and will revert back to three as of semester 2, 2019
Throughout the months of February and March 2019, SECO and our partner central banks are signing bilateral memorandums of understanding, marking the official start of BCC's technical assistance.
What we do
BCC supports central banks in emerging countries to be more effective, through tailored capacity building. The BCC programme, funded by SECO and implemented by the Graduate Institute, aims to support partner central banks in emerging countries in building the analytical and technical expertise to conduct effective monetary policy, promote stable and efficient financial sector, and be more operationally sustainable. Our support is tailored to the central bank’s specific needs. BCC supports central banks in SECO priority countries and is currently working with the central banks of Albania, Azerbaijan, Bosnia and Herzegovina, Colombia, Peru and Tunisia.
Our areas of support
BCC aims to help central banks by working with them across 2-3 priority areas among the following 6 domains:
- Monetary policy analysis and implementation: constructing different scenarios to analyse policy effects and inform monetary policy decision-making
- Macroeconomic accounting and statistics: conducting surveys and compiling data to inform policy
- Financial stability: monitoring the financial sector to avert or mitigate risks
- Financial sector development: strengthening the financial sector
- Operational risk management: ensuring the central banks’ business continuity
- Human resource management: strengthening professional profiles, recruitment and promotion systems.
The programme supports the central banks to make better decision through better staff capacity, tools, and processes across the 6 areas described above. It does so by providing capacity building support in the form of:
BCC provides partner central banks with experts to deliver a combination of theoretical courses with practical support to build sustainable capacity
Peer to peer Learning
BCC encourages partner central banks to learn from each other’s experiences. This is facilitated through technical workshops in partner countries, short visits, and remote collaboration.
Annually, BCC organizes an international conference in Geneva.
BCC provides research support either in person at IHEID, with the researcher visiting IHEID for a semester (visiting programme) or through remote research-coaching by a professor (coaching programme).
Our team has supported central banks in emerging economies since 2013
BCC is currently in its Phase 2
from 2018 to 2022