The Financial Ecosystem

Satyajit Bose (), Guo Dong () and Anne Simpson ()
Additional contact information
Satyajit Bose: Columbia University
Guo Dong: Columbia University
Anne Simpson: CalPERS

Chapter Chapter 2 in The Financial Ecosystem, 2019, pp 19-46 from Palgrave Macmillan

Abstract: Abstract We outline the concept of the circular flow of savings and examine the nature of the financial ecosystem and its role in allocating capital to the highest-valued uses, matching savers and investors, and crucially, generating accurate signals of scarcity in the face of planetary boundaries. We review a taxonomy of players in the global financial market, their functions in the financial ecosystem, and their specific capacities to improve the sustainability of the broader ecosystem. We draw parallels between natural ecosystems and the financial one and use insights from the fields of ecology and cybernetics to propose appropriate nodes to identify risks and opportunities for that the financial system might feasibly address.

Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (8)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-05624-7_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030056247

DOI: 10.1007/978-3-030-05624-7_2

Access Statistics for this chapter

More chapters in Palgrave Studies in Impact Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().