· Joachim Nagel Wiki · Deutsche Bundesbank WikiThe benefits of diversity for central banks
Read full speech on bis.org ↗ContextSpeech at the G7 CeBaDi diversity, equality and inclusion summit in Frankfurt; the Bundesbank is Germany's central bank and promotes diversity in central banking.
Why it mattersNagel argues that inclusion strengthens monetary institutions.
Problems raised
- Central banks lack diversity.
- Generational change is coming.
- Inclusion needs progress.
Solutions proposed
- Promote diversity in central banks.
- Appoint diversity officers.
- Build an inclusive culture.