Question
In theory, the financial sector is supposed to support the long-term growth of the real economy. In practice, it has become so detached from the
In theory, the financial sector is supposed to support the long-term growth of the real economy. In practice, it has become so detached from the real world that it is more akin to a fantasy land, inhabited by a growing number of peculiar characters undertaking nonsensical tasks.
Source: Stewart Investors Sustainable Funds Group, Alice in Financeland, (Feb 2017).
Please respond to the following questions by drawing upon relevant concepts/theories you have learnt in this unit.
- Discuss why capital markets have become so disconnected from the real economy.
- Discuss what are some of the barriers to change (and why is it so hard to change).
- What do capital markets need to do differently in the future to better support economic, social and environmental outcomes for people and the planet.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Managerial Accounting A Focus on Ethical Decision Making
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
5th edition
978-0324663853
