Finance is undergoing a profound transformation. Digital technologies are reshaping payments, lending, insurance, and wealth management. Big data technology is now an integral part of the financial services industry and will continue to drive future innovation. Digital finance has fundamentally changed how we live and do business, and it has been a major disruptor of the finance industry. The advantages of digital finance have long been recognized. Rapidly growing digital technologies also present the potential to deliver financial services at significantly reduced costs, thereby increasing financial inclusion and generating significant efficiency improvements across the economy. To build inclusive societies and address rising inequalities, global and national leaders must bridge the digital divide across and within countries to reap the benefits of digital financial services and build appropriate regulatory frameworks for ensuring trusted transactions in a digitalized economy. This me
Mervyn King was governor of the Bank of England from 2003 to 2013, guiding the country through the Great Recession and into the start of the recovery. Taking the long view, King shows that the crisis
“Mervyn King may well have written the most important book to come out of the financial crisis. Agree or disagree, King’s visionary ideas deserve the attention of everyone from economics students to h
Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his ten years at the helm of the Bank of England, including at the height of the financial crisis, re
Finance-Led Capitalism is a lively and provocative read, challenging some of the core beliefs behind modern finance and our world economy. Its rigorous balance of theory and real-world issues will gen
Does global governance contribute to regulatory failure and financial crises? And, if yes, should we enhance global cooperation to prevent future crises or focus on the national level? The author reve
