One of the most challenging issues for the current state of global
economy is a highly uneven distribution of global financial assets and
liabilities. Drawing on extensive data, this book analyses the new
global divisions in economic and financial inequality across the globe
in the first two decades of this century. After outlining the context
of the global financial system in the aftermath of the Global
Financial Crisis of 2008/2009, this book provides a detailed
examination of the data on economic and financial inequality,
analysing growth rates relative to financial liabilities and assets
for all countries where data is available. The central issues in
understanding the financial and environmental efficiency of economic
growth are also addressed as well as the development of financial and
regulatory technologies (FinTech and RegTech). The final part of this
book explores the changes in economic growth and financial
assets/liabilities as a result of major events in the past three
years: Covid Crisis, the rise of inflation and the Russian invasion of
Ukraine. The focal point of this analysis is the relationship between
the speed of economic growth, the use of financial resources for
funding that growth and levels of inequality. The green transition, as
one of the most important challenges in the global economy, is an
integral part of this analysis, along with the inequality in available
financial resources for this transition and potential threats to
global financial stability. This book will be vital reading for those
interested in inequality, financial economics, the global financial
system and economic growth.
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Produktdetaljer
ISBN
9781000987782
Publisert
2023
Utgave
1. utgave
Utgiver
Taylor & Francis
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter