Finance can destroy, defend, or develop. This book shows how monetary systems and financial markets can be turned from swords into ploughshares. Drawing on rare disasters, sanction wars, climate challenges, and disruptive technologies, we chart finances global footprint across crisis management, geopolitical conflict, and environmental repair. The two-part frameworkdiagnosing challenges, then prescribing policy and infrastructureoffers an evidence-based blueprint for sustainable, inclusive growth. For policymakers, scholars, and practitioners, this is finance re-engineered for the modern economy.
Rare disasters and fiat currency.- Regional trade and anchor
currency.-Financial stability and cryptocurrency.- Trade sanctions and
financial sanctions.- Co-sanctions and counter-sanctions.- Tail risks and
green bonds.- Maritime economy and blue bonds.- Sustainable economy and
carbon trade.- Medium-term rate as a policy instrument.- International
currency circulation as a policy target.- Currency flowback as a policy
mechanism.-Asset tokenization as financial infrastructure.- Treasury market
as financial infrastructure.
Dong Guo is a Senior Economist at China Development Bank. With more than two decades of experience in the financial sector, he specializes in international project finance and capital-markets operations. His primary research focuses on bond markets, and his broader interests include quantitative analysis, monetary policy, and financial history.
Peng Zhou is Professor of Economics, University Dean of International, and Director of the Confucius Institute at Cardiff University, UK. His research footprint spans economic growth, economic inequality, financial economics, and innovation economics, with a track record of publications in leading journals across these fields. Beyond academia, he actively engages with business leaders and policymakers, providing consultancy to charities, government bodies, and companies in the UK and China. He is also a board member of the Chinese Economic Association (UK/Europe).