This paper aims at providing a conceptual framework for analysis on financial issues that have arisen since the novel coronavirus outbreak and that include – but are not limited to – topics concerning wealth management; they lead to focus on portfolio allocation strategies, which encourage to consider the demand and supply of financial assets as if they were the two sides of a coin. Special attention needs to be devoted to innovative types of securities – such as social inclusion and response bonds – that have been launched in the last few months to fund the fight against Covid-19 and cope with its negative impact on the economic – as well as social – environment on a global scale, as appropriate. What sounds appealing is the combination of pandemic resilience and financial epidemiology as a unique field of interest for further investigation that promises rewarding, in sight of contributing to sustainable development while bridging the gap between theory and practice. The search for success stories that have already emerged within the post-pandemic scenario is intended to highlight best practices that are worth disseminating to mitigate the effects of this health emergency and speed up the recovery process worldwide. Conclusions emphasize the urgency to undertake unprecedented efforts to both preserve health in general terms and improve financial resilience (as opposed to financial vulnerability), which should enable to be better equipped to meet the challenges ahead.

Health and Wealth Management Issues from a Global Perspective

Margherita Mori
2020-01-01

Abstract

This paper aims at providing a conceptual framework for analysis on financial issues that have arisen since the novel coronavirus outbreak and that include – but are not limited to – topics concerning wealth management; they lead to focus on portfolio allocation strategies, which encourage to consider the demand and supply of financial assets as if they were the two sides of a coin. Special attention needs to be devoted to innovative types of securities – such as social inclusion and response bonds – that have been launched in the last few months to fund the fight against Covid-19 and cope with its negative impact on the economic – as well as social – environment on a global scale, as appropriate. What sounds appealing is the combination of pandemic resilience and financial epidemiology as a unique field of interest for further investigation that promises rewarding, in sight of contributing to sustainable development while bridging the gap between theory and practice. The search for success stories that have already emerged within the post-pandemic scenario is intended to highlight best practices that are worth disseminating to mitigate the effects of this health emergency and speed up the recovery process worldwide. Conclusions emphasize the urgency to undertake unprecedented efforts to both preserve health in general terms and improve financial resilience (as opposed to financial vulnerability), which should enable to be better equipped to meet the challenges ahead.
978-94-6239-286-1
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11697/152219
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