Ukraine war has valuable lessons for central banks, governor says
Central Banking Summer Meetings: Pyshnyy says new IMF aid structures will make the world safer
The National Bank of Ukraine’s response to the Russian invasion contains valuable lessons for central banks, governor Andriy Pyshnyy told the Central Banking Summer Meetings.
Central banks had to expect ever more unpredictable exogenous shocks as the world became more interdependent, Pyshnyy said in his speech on June 14. Quoting the author Nassim Nicholas Taleb, he said the proliferation of these “black swans” meant financial institutions had to develop their “antifragility”.
This meant “the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Artificial intelligence: key questions for financial supervisors
- Risks facing central banks: action and inaction
- Central bank of the year: Central Bank of Brazil