The DOLFINS project addresses the global challenge of making the financial system better serve society. It does so by placing scientific evidence and citizens’ participation at the centre of the policy process.
The DOLFINS project focuses on two crucial and interconnected policy areas that are shaping the public debate:
- How to achieve financial stability
- How to facilitate the long-term investments required for a more sustainable, more innovative, less unequal and greener EU economy.
The expected impact is to achieve crucial advances in reshaping the policy process to overcome the financial and political crisis faced by the EU.
As part of the project. quantitative tools are being developed to evaluate policies aiming to minimise risk and enable sustainable investment. The tools are based on fundamental research combining network models and algorithmic game theory with broader economic insights. This approach is providing a more satisfactory understanding of credit, risk and sustainable investments in an interconnected world.
The Young Foundation, as part of a consortium of European partners on this EU Horizon 2020 funded project is investigating how to engage citizens in the early stage of the policy making process and is developing evidence-based narratives in order to better shape policies in the public interest. This includes creating and running a citizen engagement online campaign in the UK on financial inequalities focusing on inequalities in housing and high-cost credit. Our campaign will launch during the anniversary of 10 years since the financial crash as part of the 10 Years After Alliance in which we are partners with Finance Watch.