Global Health Crises and Financial Resilience: Analysing Market Responses (De Gruyter Studies in Finance)

The COVID-19 pandemic revealed critical vulnerabilities in global financial systems, emphasising the necessity of a thorough investigation into both immediate and long-term effects on financial markets. This publication delves into these impacts across a spectrum of financial areas, from traditional markets to emerging sectors, exploring how the pandemic accelerated transformations like fintech adoption, digital finance, and green finance, while exposing new risk dynamics. It assesses shifts in market stability, risk appetite, and investment behaviours, offering a detailed analysis of sectoral disruptions in industries such as tourism, sports, banking, and retail. In-depth coverage of asset performance, including safe-haven assets, highlights the limitations of traditional diversification strategies during crises. Concluding with insights into the resilience of financial frameworks and the critical adjustments required, this book is an essential resource for researchers, finance professionals, and policymakersseeking to navigate and mitigate future systemic risks in a post-pandemic financial landscape.

Thomas Conlon is Professor of Finance in the UCD School of Business. Previously, he worked within asset management and as a consultant in the area of financial services. He obtained his PhD and MSc from Dublin City University and undergraduate degree from Trinity College Dublin. His main research interests are in asset pricing, risk management and FinTech. Recent Research has been published in journals such as the Journal of Banking & Finance, Journal of Financial Econometrics, European Journal of Operational Research, the Journal of Empirical Finance and the Journal of Financial Stability. He is Associate Editor for the European Journal of Finance and International Review of Financial Analysis. Thomas has held visiting positions at the Saïd Business School, University of Oxford and Simon Fraser University. He is a funded investigator with the Financial Mathematics and Computation Cluster and has received funding from SFI as a principal investigator in the area of FinTech. He was also the recipient of a prestigious New Horizons Research Grant from the Irish Research Council and a Dobbin Scholarship. Thomas is Director of the UCD Centre for Financial Markets and Academic Director for the MSc Aviation Finance. He has lectured in aviation finance, corporate finance, financial econometrics and quantitative methods at undergraduate, MSc and MBA levels. Thomas was recipient of a UCD School of Business award for Excellence in Teaching (2017, 2019).

Shaen Corbet is Professor of Finance at Dublin City University (DCU), Ireland, and visiting Professor at the University of Waikato, New Zealand. His main research interests include financial economics, financial econometrics, the study of financial crises, and FinTech. Shaen has published more than 150 refereed journal articles and has won several prestigious awards in the categories of best young researcher, best researcher, and best paper. He has previously worked as an equities trader and as an economist with the Central Bank of Ireland. Shaen has acted as an expert witness in multiple high-profile international court cases and has provided expert reports to various international government departments and regulatory authorities. In 2021, Shaen was added to the Clarivate list of the Top 1% of Scientists Worldwide.