The financial system matters: future perspectives and scenarios for a sustainable future

Brunnhuber, Stefan; Fink, Alexander; Kuhle, Jens‐Peter

doi:10.1016/j.futures.2004.07.004

Cited by 15 publications

(10 citation statements)

References 10 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The serious medium‐term question is whether and how specialised financial enclaves can develop a sense of resilience at all (see Brunnhuber et al . 2005; Dörry & Schulz 2018).…”

Section: The Case Of Luxembourgmentioning

confidence: 99%

Relational Cities Disrupted: Reflections on the Particular Geographies of COVID‐19 For Small But Global Urbanisation in Dublin, Ireland, and Luxembourg City, Luxembourg

Heße

Rafferty

2020

Tijd voor Econ & Soc Geog

View full text Add to dashboard Cite

This paper looks at the particular geographies associated with the COVID‐19 outbreak through the lens of cities that are products of relational urbanisation. This includes small but highly globalised cities, such as financial centres or hot spots of politics and diplomacy, which are usually situated between different political, economic or cultural systems and their boundaries. These cities experienced strong growth due to internationalisation and a dedicated politics of extraversion. Our argument is that such places are unusually affected by the current lock‐down, illustrated by two empirical cases, the cities of Dublin, Ireland, and Luxembourg City, Luxembourg. Both have experienced striking growth rates recently, but now suffer from disruption. Their development trajectories remain unclear, since a return to the ‘old normal’ seems unlikely, and the emergent ‘new normal’ calls for adaptation towards more state involvement in areas hitherto governed by the market. The paper addresses possible alternative geographies for both cases.

show abstract

“…The serious medium‐term question is whether and how specialised financial enclaves can develop a sense of resilience at all (see Brunnhuber et al . 2005; Dörry & Schulz 2018).…”

Section: The Case Of Luxembourgmentioning

confidence: 99%

Relational Cities Disrupted: Reflections on the Particular Geographies of COVID‐19 For Small But Global Urbanisation in Dublin, Ireland, and Luxembourg City, Luxembourg

Heße

Rafferty

2020

Tijd voor Econ & Soc Geog

View full text Add to dashboard Cite

show abstract

“…To avoid unnecessary confounding, we follow Godet [23] and Scholz and Tietje [14] in distinguishing between both phases: the (descriptive) construction phase and the scenario assessment phase. A current empirical example, in which both aspects are clearly separated, is the scenario study by Brunnhuber et al [74]. Formal approaches, such as the multi-attributive utility assessment of scenarios [75,76], assign utilities to the constructed scenarios in order to differentiate levels of desirability.…”

Section: Resultsmentioning

confidence: 99%

Functions of scenarios in transition processes

Wiek¹,

Binder²,

Scholz³

2006

Futures

144

View full text Add to dashboard Cite

“…Sustainability from a monetary perspective (Brunnhuber et al, 2004) includes at least five aspects: 1. Achieving a long term-perspective in contrast to the shareholder-value, which is short-term sited.…”

Section: Sustainability In Financial Marketsmentioning

confidence: 99%

“…More complex scenarios for sustainable development according to Brunnhuber et al (2004) are: sustainable growth and de-globalization. These scenarios include more requirements for sustainable development.…”

Section: Towards the Sustainable Financialmentioning

confidence: 99%

Financial System Sustainability Assessment Model Creation

Stankevičienė

Nikanorova

2019

Trends Economics and Management

View full text Add to dashboard Cite

Purpose of the article:The article is devoted to analyse the sustainability in the financial system. Sustainability in financial systems leads to the financial institution's positive economic performance during the financial crisis. The sustainable financial system must keep the country's economy healthy, effective, and profitable, and this is one of the tasks the answer to which still is looked for. Methodology/methods: The article includes the observation of financial system sustainability approach, the analysis of the financial system structure, architecture, and soundness. In addition, positive and negative impacts of sustainability on financial systems are discussed. The literature analysis, comparison methods, quantitative analysis, the multiple objective optimization MULTIMOORA method, and the graphical representation were used in the article. Based on the MULTIMOORA method and the indicators of sustainability, the model to measure sustainability is implemented. Scientific aim: The main goal of this article is to create and adopt a model of sustainability in the financial system measurement. Findings:The results show that sustainability in financial systems helps the financial institution to maintain positive economic performance even in the crisis time. Conclusions: Sustainability of the financial system is measured according to the sustainability approach; the interaction of economic, social and environmental aspects should be considered. The multiple objective optimization was used to obtain sustainability in the financial system and the MULTIMOORA method was selected for the analysis of the financial system sustainability. For the analysis, 10 countries were selected, which joined the European Union in 2004, in other words, named as "A10" countries. MULTIMOORA proved that the financial system is a complex system, with interrelations between objectives and alternatives that are taken into account at the same time and ,different values of the indicators, representing a particular group of indicators.

show abstract

The financial system matters: future perspectives and scenarios for a sustainable future

Cited by 15 publications

References 10 publications

Relational Cities Disrupted: Reflections on the Particular Geographies of COVID‐19 For Small But Global Urbanisation in Dublin, Ireland, and Luxembourg City, Luxembourg

Relational Cities Disrupted: Reflections on the Particular Geographies of COVID‐19 For Small But Global Urbanisation in Dublin, Ireland, and Luxembourg City, Luxembourg

Functions of scenarios in transition processes

Financial System Sustainability Assessment Model Creation

Contact Info

Product

Resources

About