Abstract
In our contemporary era, the world grapples with a profound sense of uncertainty, marked by a confluence of crises: a severe climate crisis, a stark surge in inequality, sluggish economic growth, and the rise of trade protectionism. These challenges intertwine with the disruption of global value chains, geopolitical turbulence and multifaceted conflicts, collectively fostering
an environment where instability and insecurity have become the norm. The recent escalation of inflation and the resultant monetary policies, which have triggered interest rate hikes, bank failures, and excessive leveraging, have amplified the specter of recession across developed economies, exacerbating volatility across credit, currency, and capital markets.
