Description
Book SynopsisOne of the most challenging issues for the current state of global economy is a highly uneven distribution of global financial assets and liabilities. Drawing on extensive data, this book analyses the new global divisions in economic and financial inequality across the globe in the first two decades of this century.
After outlining the context of the global financial system in the aftermath of the Global Financial Crisis of 2008/2009, this book provides a detailed examination of the data on economic and financial inequality, analysing growth rates relative to financial liabilities and assets for all countries where data is available. The central issues in understanding the financial and environmental efficiency of economic growth are also addressed as well as the development of financial and regulatory technologies (FinTech and RegTech). The final part of this book explores the changes in economic growth and financial assets/liabilities as a result of major events in the past
Table of Contents
1. Globalization and deglobalization – introduction with literature review 2. The world economy in 2000–2020 3. Global financial inequality: 2000–2020 4. Economic growth in the context of financial and environmental efficiency 5. Disequilibrium economics and Black and Green Swans 6. FinTech and RegTech and their role in the structure of finance Concluding remarks Appendix - Tables
