COVID-19 and the bank-sovereign nexus in emerging markets


February 10, 2022, 8:00 AM to 9:00 AM EST
Virtual Event

Nicolas Véron (PIIE), Tobias Adrian (International Monetary Fund) and Anna Gelpern (PIIE)

Event Summary

The COVID-19 pandemic has caused emerging-market debt to increase fast, casting financial interdependencies between national banking systems and governments in a new light. This session will provide an opportunity to take stock and better understand the potential risks of a tightening bank-sovereign nexus to global financial stability.

Joining this episode of Financial Statements are:


Nicolas Véron
Senior Fellow, Peterson Institute for International Economics (PIIE)


  • Tobias Adrian
    Financial Counsellor and Director of the Monetary and Capital Markets Department, International Monetary Fund
  • Anna Gelpern
    Anne Fleming Research Professor, Georgetown Law; Nonresident Senior Fellow, PIIE



About This Series

Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.