The workshop aims to address frontier issues in the area of international capital flows, discussing how capital flows are affected by cyclical factors, such as inflation-driven monetary policy changes in advanced economies, as well as long-run structural drivers such as a more fragmented international financial system, the growing role of non-bank financial institutions (NBFIs), digitalization, artificial intelligence, cryptos and digital currencies or trade policies. In addition, the workshop will seek to identify the appropriate mix of policy tools to mitigate the volatility of capital flows and associated risks.[…]