Video: How fragile is the global financial system?
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:
Financial and Monetary Systems
“We have very weak and ineffective regulations that are not getting the system to behave normally. When we had the internet bubble burst you didn’t see the whole world collapse, and there was more paper lost than there was in the housing correction in the US. And yet, because there was so much debt in the system, it created so much harm.”
In this World Economic Forum video, Anat Admati, George G. C. Parker Professor of Finance and Economics at Stanford Graduate School of Business, asks – how robust is the current global financial system?
To watch the full video click on the player above.
Have you seen?
Are we witnessing the decay of power?
Why governments need to bridge the infrastructure gap
Why we must tackle financial exclusion
Author: Anat Admati, George G. C. Parker Professor of Finance and Economics at Stanford Graduate School of Business
Image: An investor looks at an electronic board showing stock information at a brokerage house in Hefe REUTERS/Stringer
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on Financial and Monetary SystemsSee all
Alexis Crow
July 31, 2024
Harrison Lung
July 29, 2024
Joe Myers
July 26, 2024
Gregory Van
July 25, 2024
Andrew Howell and Pavel Laberko
July 25, 2024