Balancing Financial Stability, Innovation, and Economic Growth

26th June 2017

 Balancing Financial Stability, Innovation, and Economic Growth

In an effort to understand better the implications of the Fourth Industrial Revolution – a technology-led transformation that is fundamentally altering the way people work, live and relate to one another – the World Economic Forum has prioritised a review of the financial system through the launch of a new initiative: Balancing Financial Stability, Innovation, and Economic Growth (FSIEG).

As part of this initiative, the Forum has held a series of roundtable discussions and completed interviews with industry executives and experts to examine the technological transformation taking place in financial services. This White Paper provides a summary of findings identified during the ongoing discussions and interviews, which at a very high level can be condensed in the following four points:

 

Report by the World Economic Forum