When will we move past the global financial crisis?

Professor Franklin Allen, Executive Director of the Brevan Howard Centre for Financial Analysis at Imperial College Business School, explains how financial markets are trying to discover a ‘new normal’ following the turmoil created by the global financial crisis

The global economic downturn that materialised in 2007 is widely regarded as being the worst financial crisis since the Great Depression in the 1930s and its effects are currently still being felt across the world.  Since then we have seen a concerted effort by central banks, governments and other policymakers around the world to try and end the crisis for good.  They have succeeded to some extent but we still see enormous amounts of turmoil and volatility in the financial markets.

When is this turmoil going to stop? And will we all go back to some kind of normality in the financial markets?

At the Brevan Howard Centre for Financial Analysis at Imperial College Business School, we are attempting to understand current policies and how these could be improved.  It has been a long time since the financial crisis started and we need to work out how we can move towards a new normal world with high growth rates, full employment and stable financial markets.  We’re a long way from that right now.

We are conducting a lot of analysis and research, and organising various conferences and events where the views of practitioners, academics, central bankers, policymakers and other participants involved in financial markets are shared and discussed in order to help drive the thinking needed to steer us towards this new normal in financial markets.

Find out more about the Brevan Howard Centre