A New Approach - Global Financial Governance

Abstract

The post-pandemic economic scenario is akin to the Mona Lisa, revealing different aspects with each observation. Amidst the banking industry chaos, many analysts now foresee a potential "hard-landing" recession for the world economy. The once-popular notion of a "nolanding" scenario, untouched by rising interest rates, has faded, replaced by the current belief in an imminent economic downturn.