27 - Claudio Borio on Financial Stability, the Triffin Dilemma, and International Monetary Policy
Macro Musings with David Beckworth
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What's the Mission Statement of the BIS?
The b i s is an institution that is owned by central banks in the world, te 60 shareholders. We do a number of things including host some key central bank committees and prepare background documents for senior policy makers' meetings. On top of that, we're off a bank, and we manage a significant proportion of world reserve.
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