Since the recent financial crisis, a typical reaction to any mention of financial innovation has been: “Did financial innovation not cause this crisis?” or “Does the world really need further financial innovation?”
Marc Chesney, Professor of Finance at the University of Zurich and external expert with the World Bank, joined this session to explain:
- How financial innovation can be improved to better serve society’s needs and reduce the risk of adverse consequences
- What kind of enabling framework could allow positive financial innovation to flourish
Download Marc Chesney's slides for more information.