Financial Regulation and Risk Management in the Conditions of Global Uncertainty

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Risk".

Deadline for manuscript submissions: 25 February 2026 | Viewed by 416

Special Issue Editors


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Guest Editor
"Scientometrics and International Ratings" Laboratory, Armenian State University of Economics, Yerevan 0025, Armenia
Interests: sustainable development; innovations; climate change; risk management; quality management

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Guest Editor
Department of Economics, University of Messina, 98122 Messina, Italy
Interests: political economy of emerging markets; investments; sustainable development; technology; institutional transparency; corruption; global development practices

Special Issue Information

Dear Colleagues,

Financial economics and management are promising spheres for scientific research aimed at explaining the trends in the development of the world economic system and elaborating on the issue of adapting economic subjects to these trends. The 21st century started with the world financial and economic crisis (2008) and, at the end of its first quarter, is undergoing high global uncertainty due to the reconsideration of the foundations of international trade, the transformation of transnational supply and sales chains, and changes in international financial transactions.

This Special Issue of JRFM is an attempt to unify the leading research in the sphere of the financial regulation of the economy by state regulators, as well as risk management and financial management through the subject of corporate governance in conditions of global uncertainty. This Special Issue is aimed at marrying the theory of financial economics and risk management with the practice of business cyclicity, international economic relations, and international trade to adapt economic subjects of state and corporate management to the current conditions of global uncertainty and to reduce this uncertainty with the help of financial and economic planning as well as forecasting.

We recommend that authors confirm their conclusions with reliable empirical studies based on official international statistics and urge them to prefer reliable methods of econometrics. We welcome papers that attempt to bridge the gap between the past paradigm of financial economics, new realities of the world economic system, and the modern image of global finance. We also welcome multidisciplinary studies at the intersection of financial economics and risk management with such relevant spheres of scientific knowledge as sustainable development, climate economics and management, high technologies, digitalization, and industrial revolutions.

We welcome authors to participate in the discussion of new approaches to financial regulation and new methods of risk management in conditions of global uncertainty to raise the financial effectiveness of economic activities, financial stabilization, and crisis management. We suggest that authors pay attention to the issues of the development and implementation of innovative strategies of financial management in the wide-ranging industries and geographical range of world markets. We expect and hope that the papers of this Special Issue will form the most comprehensive idea of financial architecture, a set of financial and non-financial risks of the world economy, and perspectives of financial regulation and risk management in the modern conditions of global uncertainty.

Dr. Elena G. Popkova
Prof. Dr. Bruno S. Sergi
Guest Editors

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Keywords

  • financial risks
  • financial regulation
  • risk management
  • financial management
  • global uncertainty
  • crisis management
  • financial stabilization
  • financial effectiveness

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Published Papers (1 paper)

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Research

28 pages, 1200 KB  
Article
Regulating Green Finance and Managing Environmental Risks in the Conditions of Global Uncertainty
by Elena G. Popkova, Tatiana N. Litvinova, Elena Petrenko and Aleksei V. Bogoviz
J. Risk Financial Manag. 2025, 18(10), 552; https://doi.org/10.3390/jrfm18100552 - 1 Oct 2025
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Abstract
This paper’s goal was to determine the state of green financing and reveal the main aspects of its regulation and influence on environmental risk management in the conditions of the growth of global uncertainty. Based on the sample that contains the top 10 [...] Read more.
This paper’s goal was to determine the state of green financing and reveal the main aspects of its regulation and influence on environmental risk management in the conditions of the growth of global uncertainty. Based on the sample that contains the top 10 countries of the world with a higher level of green economic capabilities in 2024, by the assessment for developed and developing countries in isolation, we performed regression analysis of the following: (1) Dependence of environmental costs of GDP on the volume of green investments; (2) Dependence of the volume of green investments on the application of the measures of state regulation of green finance. As a result, we proved that in developed countries, the growth of the activity of green investing in the economy leads to a reduction in the environmental costs of GDP, and in developing countries, an increase in the environmental costs of GDP. Unlike developed countries, in which green investments are not determined by the influence of the factors of state regulation, the implementation of the measures of state regulation of green finance in developing countries ensures the inflow of green investments into the economy. This paper’s novelty, compared to the existing literature, is that it discloses previously unknown differences in the character of the influence of the factors of state regulation of green finance on green investments in the economy and differences in the consequences of the activity of investing for environmental risks in different categories of countries (in particular, differences between developed and developing countries) and at different phases of the economic cycle (in the conditions of relative stability and in the conditions of global instability). The established regularities of the development of green finance under the influence of state regulation measures in developed and developing countries will raise the precision of forecasting and planning of this development in support of green economic growth and decarbonization. The revealed differences between developed and developing countries will allow forming a strategy of development of green finance in each category of countries, given their specifics, and thus, achieving the growth of these strategies’ effectiveness. The proposed policy implications for the reduction in environmental risks through the improvement of state regulation of green finance in developed and developing countries, given their revealed specifics, have practical significance. Full article
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