Karl Brunner, writing in the early 1980s, rather unflatteringly referred to the “mystique” of central banking that “thrives on the pervasive impression that Central Banking is an esoteric art … The esoteric nature of the art is moreover revealed by an inherent impossibility to articulate its insights in explicit and intelligible words and sentences”.
But the pandemic has taught us that the global community – including international financial institutions – can promote successful cooperation within a collaborative and multilateral framework. As tensions and fractures threaten this framework, restoring peace, preserving multilateral dialogue and relaunching a truly cooperative spirit are essential. 3/3  BIS - Central bankers' speeches