  We describe the innovations in finances, introduced over the recent decades,
and analyze most of the business and regulatory challenges, faced by the
financial industry, because of the present disruptive changes in the global
capital markets. We use the integrative thinking approach to formulate the new
central bank strategy and propose that the new strategy has to be focused on
the constant management of the monetary and financial instabilities, using the
knowledge base in the field of econophysics. We propose the new theoretical
model of economics, which is called the Nonlinear Dynamic Stochastic General
Equilibrium (NDSGE), which takes to the account the nonlinearities, appearing
during the interaction between the business cycles. We show that the central
banks, which will apply the knowledge gained from the econophysical analysis to
understand the complex processes in the national financial systems in the time
of high volatility in global capital markets, will be able to govern the
national financial systems successfully.
