Financialization has increased economic fragility

The Bretton Woods Committee is pleased to Member Spotlight Hung Tran and his recent article in the Atlantic Council titled "Financialization has increased economic fragility."

According to the article - "Since the 1980s, financial activities and assets have played an increasingly dominant role in the global economy. At the same time, underlying economic activity as measured by global GDP has been growing more slowly. The result has been an ever-larger gap between the volume and value of financial activity relative to the real economy."