Finance for sustainable growth

Abstract:

The financial system, acting as intermediary between savers and borrowers, investors and entrepreneurs, sellers and consumers, plays a pivotal role in the functioning of the EU economy. The development of financial markets and institutions can therefore be a significant factor in inclusive and sustainable economic growth. However, this not only requires a partial shift in policies, but also in the way these rules are determined to take into consideration the increasing complexity and ever more rapid changes in financial sectors and society.