Innovative Financial Strategies for Economic Resilience in a Volatile Global Market

Authors

  • Mustam Mustam Universitas Muhammadiyah Kendari Author
  • Mohammad Abdul Mukhyi Universitas Gunadarma Author
  • Gidion P. Adirinekso Universitas Kristen Krida Wacana Author
  • Agus Samekto Universitas Hayam Wuruk Perbanas Surabaya Author
  • I Gusti Ayu Lia Yasmita Universitas Tabanan Author

DOI:

https://doi.org/10.59613/natga418

Abstract

This research investigates innovative financial strategies aimed at fostering economic resilience in the face of volatility within the global market. As the contemporary economic landscape becomes increasingly unpredictable, there is a growing imperative for nations, businesses, and individuals to adopt innovative approaches to mitigate risks and build resilience. Through an extensive review of scholarly articles and relevant publications, this study synthesizes existing literature to examine various financial strategies that have emerged to address the challenges posed by market volatility. The analysis reveals a range of innovative approaches, including alternative financing mechanisms, risk management techniques, and adaptive investment strategies, which have been adopted by entities across different sectors to enhance their resilience to economic shocks. Additionally, the review explores the role of technological advancements, such as blockchain, fintech solutions, and big data analytics, in revolutionizing financial practices and empowering stakeholders to navigate turbulent market conditions more effectively. By employing qualitative methodologies and drawing insights from library research, this paper offers a nuanced understanding of the mechanisms underlying innovative financial strategies and their potential implications for economic resilience. The findings underscore the importance of flexibility, adaptability, and forward-thinking in developing financial frameworks that can withstand volatility and promote sustainable growth in the global economy.

Downloads

Published

2024-04-19