Strategic Advantages and Practical Pathways of the United Front Theory in Addressing the Financial Risks Contagion
Year: 2025
Type: article
Abstract: This paper explores the application of united front theory in mitigating financial risk contagion within contemporary economic systems. Fi-nancial markets' in-terconnectedness and complexity necessitate inno-vative approaches to risk management that extend beyond traditional regulatory mechanisms. The united front strategy, with its emphasis on coordinating diverse stakeholders and lev-eraging collective intelli-gence, offers a unique framework for addressing sys-temic financial vulnerabilities. Through analysis of case studies from Shanghai, Xia-men, and Inner Mongolia, this research identifies six strategic ad-vantages of united front theory in financial risk governance: consensus building, com-prehensive participation, information advantage, institu-tional coordination, cultural construction, and adaptive innovation. The study further proposes practical implementation pathways including establishing communication plat-forms, utilizing think tanks, organizing forums, developing early warning sys-tems, creating coordination mechanisms, and launching educational initiatives. Findings suggest that the united front approach enhances financial system re-sili-ence through more inclusive, representative, and comprehensive risk miti-gation strategies that complement traditional regulatory frame-works. The pa-per concludes with policy recommendations and future research directions for integrating united front theory into financial stability frameworks.
Source: Social Sciences and Humanities
DOI: 10.63313/ssh.9031
Author: Shan Wu
Institution: Nanjing University of Finance and Economics
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4415016464
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