22. April 2022

New podcast: The SWIFT System Podcast: The SWIFT System

In the podcast special, we discuss the economic consequences of the war in Ukraine.

How hard will exclusion from the international SWIFT system hit Russia in the long term? What is the significance of SWIFT for the economy? And can Western financial sanctions end the war early?

ECONtribute - Der Wirtschaftspodcast
ECONtribute - Der Wirtschaftspodcast © ECONtribute
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Farzad Saidi, professor at ECONtribute at the University of Bonn, researches financial stability, monetary policy and international banking. We talk about why Russia will be economically isolated in the long run, the consequences of Western financial sanctions, and how the SWIFT system is globally interconnected. This episode is about money, globalization and financial power.

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