The Group regularly launches study groups to analyze topics of particular or systemic importance to central banks, supervisors, financial firms, and participants in global financial markets. Each study group's leadership and membership is drawn from the G30 membership, but the teams can be broader than that of the Group, including experts from specialized fields in economics, finance and academia. Study participants work together to offer actionable solutions, policy recommendations, and examples of best practices in the area being studied.
Work Program
Current Projects
Working Group on the Future of Money
Kenneth Rogoff, Steering Committee Chair
The Group of Thirty has launched a study on the future of the monetary system in a rapidly evolving financial environment, led by Kenneth Rogoff, Professor of Economics and the Maurits C. Boas Chair of International Economics at Harvard University.
This study examines how changes in the nature of money holdings impact the monetary system. The working group will address critical questions, such as whether digital currencies could disrupt the balance between central bank and commercial bank money, the risks digital currencies pose to credit creation and financial stability, and whether commercial bank-issued digital money would require a central bank digital currency anchor. The report aims to fill gaps in the emerging digital asset landscape and offer recommendations for ensuring financial and monetary stability. The G30 Working Group includes former and current central bankers, policymakers, and academics.