Distributed Global Financial Systems for Society

Many years after the financial crisis, with the Eurozone debt crisis far from resolved and bank scandals still hitting the headlines, we still lack satisfactory policies for dealing with the default of large banks, let alone banking networks across national borders.

The DOLFINS research project focuses on how to reduce systemic risk, achieve financial stability and facilitate a more sustainable, innovative, fair and green EU economy. It is based on the premise that financial stability and economic sustainability must go hand in hand, and asks questions such as:

• How can we improve the link between long-run ‘inclusive’ growth and the structure of the financial system?
• And how can we better engage citizens in the early stages so as to better shape policies in the public interest?
• How can financial networks such as the banking sector, insurance and shadow banking – the institutions at the epicentre of the crisis – and pension funds be transformed into potential funders of sustainable growth?

The project is a cross-institution partnership coordinated by Professor Stefano Battiston at the University of Zurich.

Dolfins outputs

A set of quantitative tools to evaluate policies, with the aim of reducing systemic risk and fostering sustainable investment and providing a better understanding of credit, risk and sustainable investments in an interconnected world.

Further reading

Details of the project, its partners, publications and events, can be found on the Dolfins website.

Horizon 2020: The EU framework programme for research and innovation.