Tag Archives: Financial system

The Post-COVID-19 Financial System

The World Economic Forum has just published the white paper: “The Post-COVID-19 Financial System.” The COVID-19 pandemic has triggered a rapid transformation of the global financial system: Businesses, small and large, needed almost-instant liquidity, individuals embraced digital and contactless offerings at unprecedented rates, and governments were looking to disperse enormous aid packages to businesses and …
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Impact of COVID-19 on the Global Financial System

As the human and economic costs of the COVID-19 pandemic have unfolded, the global financial system has been both a source of strength—with banks and fintechs helping distribute support to small businesses and households in need—and an area of potential risk, with record levels of market volatility and growing concern around credit losses. Governments, central …
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