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El economista

· Joachim Nagel, President of the Deutsche Bundesbank (Germany)

Summary written by Dark Majestic in its own words ·

JN
· Joachim Nagel Wiki · Deutsche Bundesbank WikiEl economista

ContextSpeech in Madrid honouring the Bank of Spain governor on receiving the Echegaray Prize; the Bundesbank is Germany's central bank within the euro system.

Why it mattersNagel honours Spain's governor for his career.

Problems raised
  1. Central banking requires excellent economists.
  2. Achievements should be recognised.
  3. Cooperation matters.
Solutions proposed
  1. Honour outstanding central bankers.
  2. Promote economic research.
  3. Strengthen European cooperation.
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