The global financial system is undergoing profound transformation. From the lingering effects of the 2008 crisis to the accelerating forces of technological innovation, climate risk, and geopolitical fragmentation, the stability of markets is being tested in new and complex ways. Our latest deep-dive report, Global Financial Stability in Transition: Structural Risks, Regulatory Challenges, and Strategic Pathways, examines these shifts and provides a forward-looking framework for policy and market action.
Drawing on historical analysis, empirical evidence, and scenario-based thinking, the report explores:
- The historical evolution of financial markets and regulation since 1870, connecting past crises to today’s vulnerabilities.
- Structural drivers reshaping risk dynamics, including the global financial cycle, non-bank financial intermediation, digital transformation, climate-related exposures, and geopolitical fragmentation.
- Post-crisis regulatory reforms, their effectiveness, and the remaining gaps in macroprudential and cross-border coordination.
- Systemic risk transmission channels, with case studies of cross-border contagion episodes.
- Emerging structural risks, ranked by likelihood and potential systemic impact.
- Strategic policy pathways to enhance resilience without stifling growth or innovation.
The report is richly illustrated with timelines, heatmaps, adoption curves, and risk mapping diagrams that make complex interconnections visible and actionable.
Whether you are a policymaker, regulator, institutional investor, or researcher, this study offers insights to navigate a rapidly changing risk landscape and to strengthen the foundations of global financial stability.
Read the full report here:
