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Is the global financial system fragmenting?

At this event, Alfred Schipke and Nicolas Veron discussed shifts in the global financial system

Speakers

Alfred Schipke

Professor of the Practice of International Finance, Lee Kuan Yew School of Public Policy; Director, East Asian Institute, National University of Singapore

Agenda

Conversation

15:00-16:00
  • Chair: Nicolas Véron, Bruegel Senior Fellow
  • Alfred Schipke, Professor of the Practice of International Finance, Lee Kuan Yew School of Public Policy; Director, East Asian Institute, National University of Singapore

For more than half a century, the global financial system has been underpinned by common infrastructure and the central role of the US dollar. Rapid changes in the geopolitical and technological environment have prompted concerns about fragmentation along boundaries between several power blocks, while new technology is altering the dynamics of financial scale. Is a reversal of global financial integration already happening?

Finance Focus is a Bruegel series that aims at shedding light on topical themes of financial sector development and regulatory policy, in Europe and beyond.