Challenges to the Global Financial System: Covid-19 and Climate Change KU Leuven
The world is facing two dramatic challenges: Covid-19 and Climate Change. The global financial system needs to deal with these challenges. Its design and functioning is key in determining how we adjust to these shocks and determines social welfare for the generations to come. The objective of this research proposal is to provide academic guidance in the design of a financial system that allows to address these fundamental challenges.