Integration

1. Global financial integration accelerates Powered by shifting demographics and new technology, the post-global financial crisis stall has been replaced by a new golden age in global financial interconnectedness, promoting a more tight-knit network between countries, enterprises and individuals in developed and emerging countries. A predicament for global financial integration is a collaborative political infrastructure. The emergence of political fragmentation and higher political uncertainty could pose a risk to the global interconnectedness through higher trade barriers or greater financial protectionism.

2. Greater financial inclusion with developing economies China, India and emerging Asia join the big leagues, leaving Africa as the final frontier for global investors – with new technology offering novel solutions to traditional governance mechanisms, property rights registration and contract enforcement.

3. Universal access to financial services Universal financial inclusion and access to financial services become a reality. The development of new technologies and decreasing intermediation through traditional banks will give all adults access to transaction accounts to store, send and receive payments.

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