India’s economic momentum is reshaping the global landscape. From rapid growth and expanding trade ties to digital innovation and a multi-alignment foreign policy, India is emerging as a central player in the world economy. In this episode, Udaibir S. Das joins host Emily Slater to unpack what’s fueling India’s rise, how its strategic choices are landing on the global stage, and what this means for the future of global economic governance.

Udaibir S. Das is the former General Manager of the Reserve Bank of India. He has held senior roles at the IMF and the Bank for International Settlements, including leading Basel III implementation at the BIS. He currently serves as a non-resident fellow at the National Council of Applied Economic Research and as a non-resident adviser to the Bank of England and the Toronto Centre.

Recorded during the week of the IMF and World Bank Annual Meetings, this episode of Macro Matters features Joaquim Levy. As the world enters an era of multipolar competition and rising protectionism, Brazil has taken an approach defined by economic resilience, pragmatic diplomacy, and "Active Non-Alignment." We'll be discussing the drivers behind this recent growth, Brazil's role within an expanded BRICS coalition, and its ambitions for greater global influence. Levy also shares his expectations for the 2025 Annual Meetings, his prediction for Brazil's upcoming elections, and what Brazil's trajectory can teach us about navigating today's complex global economic landscape.

Joaquim Levy is Director for Economic Strategy and Market Relations at Banco Safra and former Brazilian Minister of Finance. With extensive experience spanning the World Bank, the Brazilian Development Bank, and other IFIs, Levy helps us explore how Brazil is positioning itself amid shifting global dynamics.

For this special edition of Macro Matters, Stefan Ingves joins us in Switzerland during the BIS Innovation Summit to continue the conversation on future-proofing central banks amid a rapidly changing global financial landscape. Central banks face mounting pressures—from persistent inflation and political scrutiny to diverging policy paths around the world. At the same time, financial innovation is reshaping money and payments faster than regulators can respond. Stefan explores how central banks can navigate these challenges while maintaining independence, ensuring stability, and fostering global cooperation.

Stefan Ingves spent 17 years as Governor of the Sveriges Riksbank, Sweden's central bank. Previously, he was chairman of the Basel Committee on Banking Supervision and chairman of the Banking and Risk Management Committee at the BIS.