Finance and the challenges of the New Economy

Krzysztof Waliszewski (Poznań University of Economics and Business, Poland)

Motivation

Economy 4.0 transforming into Economy 5.0 is certainly the basis for implementing new solutions. The current economy marked by the COVID-19 pandemic and its long-term consequences as well as accelerated digital transformation, Russia’s invasion of Ukraine, energy crisis, high inflation, turbulent external environment and the threat of entering a state of stagnation or recession raises a number of current questions for the system and the financial sector, which financial scientists should be looking for answers.

In turn, the rapidly growing importance of modern technologies and cybersecurity, the accelerated implementation of the principles of environmentally sustainable development, and the prospect of social (including migration) and demographic changes cause further, long-term challenges for both science and practice in the area of finance. The broadly understood “New Economy” is therefore becoming a fact and therefore a basis for interesting discussions and formulating constructive recommendations.