Building Sustainable Financial Systems and Running Smart Urban Systems. The SmartBalances® Approach toward Strategic Sustainability

      Аннотация: The first set of creative concepts presented in this book deals with a macro-level issue on how a global financial community could design a sustainably effective financial industry and promote reliably efficient financial-service institutions amid either a volatile or a sluggish environment in a global financial arena from the perspectives of public-policy formulators and private decision-makers. The second set of innovative ideas introduces a new approach to comprehensive developmental programs for a sophisticated urban system that aims at creating, enhancing, and sustaining values for its changing population profiles, economic activities, social diversity, and ecological compatibility in a dynamically and optimally balanced way. The SmartBalances® approach suggests three practical strategies, each with three corresponding deployable activities. Together, these creative propositions would allow all global-, national- and city-level policy planners alike to leverage and optimize their policy-making resources for sustainable impacts on their financial and urban systems while smartly governing their policy deployment to achieve better outcomes and exemplary results.

Ключевые слова: global financial environments, volatile/unstable exposures, sluggish/stagnant growth, the Basel Accords, systematic/systemic risks, incomplete risk-sharing, imperfect information-sharing, structural frictions, strategic failures, market liquidity/discipline, public confidence/disclosure, financial infrastructure/intelligence, change-management framework, enterprise risk-management system, urban-system development, public-policy administration, dynamic industrial-alignment best practice, value-creation processes, growth-enhancement strategy, competitive-advantage strategy, and balanced sustainability