MNI PODCAST: FedSpeak- Training Ukraine Bankers On Crisis

EXECUTIVE SUMMARY

• Toronto Centre President Babak Abbaszadeh discusses training Ukraine’s central bankers on crisis management and helping supervisors worldwide improve policy coordination through the pandemic.
• “Some of them are coming back from the front lines” to do the training, he said. “The stakes are very high especially with all the refugees outside of the country.”
• While the Ukraine war is a challenge to the unity of the global financial system, the war has also shown a capacity for resilience and more coordinated decisions on sanctions.
• Climate change is gaining more attention and is something like a slow-moving pandemic for the global economy, he said.