Global Conference 2020

Finance as a Force for Good

Free markets have elevated billions of people out of poverty. Yet the title of this session—Finance as a Force for Good—would earn more eye-rolling than approving nods from most of today's society. Is the skeptical perception due to the still-vivid aftermath of the Great Recession and the current pandemic? Or does it reflect a much more profound shift in society's view of financial markets? Either way, there are lessons to be learned and changes needed for the future. Should regulatory measures ensure that markets allocate money to companies that make a societal contribution to global challenges, or can we trust markets to achieve the most desirable outcome through demand and supply.