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Stable Banks in Challenging Times

Contributions of Andreas Dombret at the Deutsche Bundesbank 2010–2018

Andreas Dombret

Stable Banks in Challenging Times is a collection of speeches delivered by Dr. Andreas Dombret, during his eight-year tenure as a board member of the Deutsche Bundesbank, the German central bank. As witness to the challenges created by the global financial crisis of 2008, Dr. Dombret helped shape large parts of the new regulatory framework. He successfully monitored future developments such digitalization, Brexit and climate change and their effects on the risk situation in the global banking industry and his insights are an invaluable look at the inner workings of global financial regulation and policy.
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Chapter 7: Central banking and the role of international cooperation

Andreas Dombret

Extract

In an increasingly global financial system the world of finance has become more and more uncertain. The aftermath of the global financial crisis has proven the importance of close international cooperation and coordination. But while global integration has many advantages, there are, and probably need to be, limits to it.

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