Navigating the Financial Stability Risks of Inequality, Polarization, and Eroding Trust

Why social fragmentation is now a core macro-financial risk—and how policymakers and markets can respond. Inequality, political polarization, and declining trust aren’t just social issues—they’re financial-stability risks that shape fiscal space, market resilience, and institutional credibility. Our new deep-dive report maps the channels from social fragmentation to fiscal stress, banking and capital-market fragility, and regulatory […]