Mega Trends in Global Finance

By investigating the exigent mega trends in global finance, from the digital revolution and the green transition to the shift towards private credit, this timely book analyses how these trends impact the international financial ecosystem and refashion the behaviour of market participants. Bringing together a diverse range of perspectives, it explores the policy implications of navigating uncertainties arising from the prevailing polycrisis.This indispensable and authoritative book provides in-depth commentary on mega trends and their role in the future of finance worldwide. Expert contributors demonstrate that digitalisation, AI and fintech have become a dominating force, driving the operation of the international finance system. The contributors assess the ways in which geopolitics and geoeconomic fragmentation have changed the conventional landscape of global finance, and examine the resulting emergence of a new international financial architecture. They shine a light on the challenges and opportunities for progressing the green transition and ESG implementation, and on the trade-off between the rapid growth of non-banking financial institutions and the formal banking sector. Mega Trends in Global Finance is an essential resource for economics students and researchers. It is also invaluable for financial market participants and financial services providers, as well as regulators and policymakers in governments and international organisations.