The Covid-19 Pandemic, a once in a lifetime economic recession, and digitalization. These are issues that everyone has heard about. Tied to all of these issues, however, is a little known but important financial institution - the Bank for International Settlements. Also known as the “Central Bank of Central Banks”, the BIS’s role in all these issues is crucial but little understood.

Why do we need a Central Bank for Central Banks and how can the BIS help in addressing the challenges posed by the Covid-19 pandemic and digitalization? Join us for a discussion with the Head of Monetary and Economic Department at the BIS - Claudio Borio - to find out more.

Disclaimer: On the day of the interview we had trouble with our microphones. That is why the audio is double for most of the interview. Sincere apologies we are working on solving this issue for future interviews.