As the dust settles on Belém’s COP30, economists can help to channel capital toward sustainable development. Having recently climbed to 15th in the Shanghai rankings, TSE continues its commitment to producing research that is both academically excellent and socially relevant.
In this TSE Reflect, we focus on how financial markets can serve society with Sophie Moinas revealing how markets shape the process of price discovery that underpins economic efficiency. Digital technologies can also help resources flow to the right places, as shown by Milo Bianchi's work on robo-advisors.
Yet as these powerful tools proliferate, we must ensure they serve our collective interests. Writing in The Economist, Jean Tirole warns that stablecoins are a dangerous misnomer, echoing calls at this month’s Futurapolis for smarter regulation and public cryptocurrency services. As Banque de France’s Deputy Governor explained during her recent TSE visit, monetary stability depends on strong institutions.
From digital euros to student budgets, you can discover so much more about sustainable finance in our new TSE magazine, winner of 2nd prize in the ARCES awards for scientific outreach. This is very welcome recognition of TSE’s efforts to connect high schools with our world-class economists.
Sébastien Pouget (Director, TSE Sustainable Finance Center)
