Despite ongoing economic uncertainties, financial experts believe a global financial crisis is unlikely to occur. They emphasize the strength of current regulatory frameworks and significant improvements in risk management practices within financial institutions.

Several factors contribute to this assessment. Regulatory reforms implemented since the last major crisis have strengthened the financial system’s resilience. These reforms include increased capital requirements for banks, enhanced supervision, and measures to address systemic risk.

Furthermore, financial institutions have significantly improved their risk management capabilities. They are now better equipped to identify, assess, and mitigate potential risks. This includes more sophisticated stress testing and improved monitoring of exposures.

While challenges remain, such as rising inflation and geopolitical tensions, the overall assessment is that the global financial system is better prepared to weather potential shocks. Experts continue to monitor the situation closely and stand ready to take appropriate action if necessary.