Summary of The Global Financial and Monetary System in 2030

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The Global Financial and Monetary System in 2030 summary

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The current growth trajectory of the global economy is promising. However, beyond 2020, uncertainties prevail. Writing for the World Economic Forum, a host of distinguished professionals explores “two seemingly opposed forces: decentralization and integration” and their potential impacts on the global economic order by 2030. getAbstract recommends this thought-provoking look at a possible financial future to executives, investors and analysts.

About the Author

The Global Future Council on Financial and Monetary Systems is a committee of the World Economic Forum.

Summary

The global economy is regaining the momentum it lost during the recession that began in 2007, with three of every four countries expanding their output in 2017. However, risks remain, such as in the growth chasm between the emerging and advanced economies, inequality in wealth and income levels, and changes wrought by technological and demographic forces.

Experts believe that the countervailing energies of decentralization and integration will shape the international economy of 2030. In regard to decentralization, digital technologies will upset existing banking and finance ...


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