"Office Hours" by SAIS Europe

Episode 6: What is Going on in the Global Financial Markets?

SAIS Europe Podcast

In this episode, Office Hours host Stefanella Julius joins Professor Tito Cordella and current SAIS student Parth Patel to discuss recent worrisome developments in global financial markets and what the repercussions are.  

Recent bank failures from Silicon Valley Bank to First Republic Bank have led many to believe that the world could be facing a widespread financial crisis. But how likely is this, really? And how could the deposit scheme in the United States be reformed to discourage risky lending by banks? The conversation touches on these points, as well as the role of China and the ramifications that these bank failures could have on emerging market economies. 

Professor Cordella has extensive policy experience in various Bretton Woods institutions and has published widely in banking, international finance/development, and trade. Parth has previous experience in management consulting and a strong interest in economic development, central banking, and financial markets.