AMNC China 2024 - Tackling Financial System Fragmentation - English

Fragmentation stands to reduce global economic output by as much as 7% in the long term, with acute implications for developing economies, trade and investment flows, asset prices and the cost of capital across jurisdictions. How can finance leaders reinforce cooperation on global consensus at a time of rising geopolitical complexity? This session is directly linked to the ongoing work of the World Economic Forum Global Financial System Fragmentation initiative. This session was developed in partnership with the Financial Times.