{"id":3037,"date":"2022-03-30T11:51:27","date_gmt":"2022-03-30T11:51:27","guid":{"rendered":"https:\/\/gfk-cfs.de\/uncategorized\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/"},"modified":"2022-08-02T09:48:26","modified_gmt":"2022-08-02T09:48:26","slug":"the-resilient-society-prosperity-in-an-uncertain-post-covid-world","status":"publish","type":"post","link":"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/","title":{"rendered":"The Resilient Society: Prosperity in an Uncertain Post-Covid World"},"content":{"rendered":"<h3>Die Veranstaltung auf <a href=\"https:\/\/www.youtube.com\/watch?v=oEodysxr_MI\" target=\"_blank\" rel=\"noopener\">Youtube<\/a><\/h3>\n<p class=\"bodytext\">Covid has alerted us to a new reality. Individually and as a society, we face new large shocks. Resilience is a key concept. It is about the ability to bounce back after a shock, not to withstand shocks like robustness and not about avoiding any risks. Robustness works until it doesn&#8217;t. Risk avoidance closes opportunity. Resilience management highlights the dangers of traps, adverse feedback loops, tipping points and of the volatility paradox. Not being exposed to some risks worsens the ability to manage shocks. In finance, extra capital buffers foster resilience, while debt overhang and risk avoidance stifles economic growth and amplifies macro-shocks.<\/p>\n<p class=\"bodytext\">In his new book for policymakers, business leaders, and engaged citizens, Princeton Professor Markus Brunnermeier argues that building resilience and investing in mechanisms for bouncing back is the only way to protect our social and economic institutions from climate change, cyberattacks, and other threats.<\/p>\n<p class=\"bodytext\">Introduction:<br \/>\nJan Pieter Krahnen, SAFE-Director and Goethe University<\/p>\n<p class=\"bodytext\">Discussant:<br \/>\n<strong>Sir Paul Tucker<\/strong>, Chair of the Systemic Risk Council and Havard University<\/p>\n<p class=\"bodytext\">Concluding remarks:<br \/>\nOtmar Issing, CFS-President<\/p>\n<p class=\"bodytext\">Moderation:<br \/>\nRainer Klump, CFS-Director and Goethe University<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Die Veranstaltung auf Youtube Covid has alerted us to a [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[138],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Resilient Society: Prosperity in an Uncertain Post-Covid World - Center for Financial Studies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Resilient Society: Prosperity in an Uncertain Post-Covid World - Center for Financial Studies\" \/>\n<meta property=\"og:description\" content=\"Die Veranstaltung auf Youtube Covid has alerted us to a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/\" \/>\n<meta property=\"og:site_name\" content=\"Center for Financial Studies\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-30T11:51:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-02T09:48:26+00:00\" \/>\n<meta name=\"author\" content=\"Ulrike Furchheim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ulrike Furchheim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/\",\"url\":\"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/\",\"name\":\"The Resilient Society: Prosperity in an Uncertain Post-Covid World - Center for Financial Studies\",\"isPartOf\":{\"@id\":\"https:\/\/gfk-cfs.de\/en\/#website\"},\"datePublished\":\"2022-03-30T11:51:27+00:00\",\"dateModified\":\"2022-08-02T09:48:26+00:00\",\"author\":{\"@id\":\"https:\/\/gfk-cfs.de\/en\/#\/schema\/person\/f0882e1135c0d5e2334dc6dec2de9f9c\"},\"breadcrumb\":{\"@id\":\"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\/\/gfk-cfs.de\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Resilient Society: Prosperity in an Uncertain Post-Covid World\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gfk-cfs.de\/en\/#website\",\"url\":\"https:\/\/gfk-cfs.de\/en\/\",\"name\":\"Center for Financial Studies\",\"description\":\"unabh\u00e4ngige Forschung in wichtigen Bereichen der Finanzen\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gfk-cfs.de\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/gfk-cfs.de\/en\/#\/schema\/person\/f0882e1135c0d5e2334dc6dec2de9f9c\",\"name\":\"Ulrike Furchheim\",\"url\":\"https:\/\/gfk-cfs.de\/en\/author\/furchheim\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Resilient Society: Prosperity in an Uncertain Post-Covid World - Center for Financial Studies","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/","og_locale":"en_US","og_type":"article","og_title":"The Resilient Society: Prosperity in an Uncertain Post-Covid World - Center for Financial Studies","og_description":"Die Veranstaltung auf Youtube Covid has alerted us to a [&hellip;]","og_url":"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/","og_site_name":"Center for Financial Studies","article_published_time":"2022-03-30T11:51:27+00:00","article_modified_time":"2022-08-02T09:48:26+00:00","author":"Ulrike Furchheim","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ulrike Furchheim","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/","url":"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/","name":"The Resilient Society: Prosperity in an Uncertain Post-Covid World - Center for Financial Studies","isPartOf":{"@id":"https:\/\/gfk-cfs.de\/en\/#website"},"datePublished":"2022-03-30T11:51:27+00:00","dateModified":"2022-08-02T09:48:26+00:00","author":{"@id":"https:\/\/gfk-cfs.de\/en\/#\/schema\/person\/f0882e1135c0d5e2334dc6dec2de9f9c"},"breadcrumb":{"@id":"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/gfk-cfs.de\/en\/events\/event-archive\/2021\/the-resilient-society-prosperity-in-an-uncertain-post-covid-world\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/gfk-cfs.de\/en\/"},{"@type":"ListItem","position":2,"name":"The Resilient Society: Prosperity in an Uncertain Post-Covid World"}]},{"@type":"WebSite","@id":"https:\/\/gfk-cfs.de\/en\/#website","url":"https:\/\/gfk-cfs.de\/en\/","name":"Center for Financial Studies","description":"unabh\u00e4ngige Forschung in wichtigen Bereichen der Finanzen","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gfk-cfs.de\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/gfk-cfs.de\/en\/#\/schema\/person\/f0882e1135c0d5e2334dc6dec2de9f9c","name":"Ulrike Furchheim","url":"https:\/\/gfk-cfs.de\/en\/author\/furchheim\/"}]}},"_links":{"self":[{"href":"https:\/\/gfk-cfs.de\/en\/wp-json\/wp\/v2\/posts\/3037"}],"collection":[{"href":"https:\/\/gfk-cfs.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gfk-cfs.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gfk-cfs.de\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/gfk-cfs.de\/en\/wp-json\/wp\/v2\/comments?post=3037"}],"version-history":[{"count":0,"href":"https:\/\/gfk-cfs.de\/en\/wp-json\/wp\/v2\/posts\/3037\/revisions"}],"wp:attachment":[{"href":"https:\/\/gfk-cfs.de\/en\/wp-json\/wp\/v2\/media?parent=3037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gfk-cfs.de\/en\/wp-json\/wp\/v2\/categories?post=3037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gfk-cfs.de\/en\/wp-json\/wp\/v2\/tags?post=3037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}