Davos 2017
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Asia Takes the Lead

Shaping the Future of Financial and Monetary Systems

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How can the global financial system reinforce its contribution to sustained economic growth and social development?

The global financial system is the cornerstone of economic activity, which is critical for long-term economic growth and development. However, the global financial crisis demonstrated the downside of interconnectedness and revealed a range of systemic vulnerabilities.

As the global financial system recovers, major collaborative efforts are required to rebuild public trust, respond to regulatory and technological change and overcome barriers to financial inclusion.

The World Economic Forum’s System Initiative on Shaping the Future of Financial and Monetary Systems aims to build a more efficient, resilient and equitable international system.