Governing Financial Ecosystems: An Institutional Architecture for Coordination, Resilience, and Systemic Stability
Financial systems have outgrown the institutional arrangements traditionally used to govern them. Finance is no longer a neutral background mechanism, but a structural force embedded in macroeconomic outcomes, technological change, and social distribution. At the same time, authority over the financial system remains deliberately fragmented across mandates, sectors, and jurisdictions. Under these conditions, coherence cannot […]