Politics, Risk

Eurasia Group’s 2018 Risk Watch List

Don’t miss Eurasia Group’s 2018 political risk outlook out now.  From the report’s intro: Let’s be honest: 2018 doesn’t feel good. Yes, markets are soaring and the economy isn’t bad, but citi- zens are divided. Governments aren’t doing much governing. And the global order is unraveling. The scale of the world’s political challenges is daunting. […]

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Economics, Risk

GDP@Risk: A New Metric Worth Noting

Last month, the Paris climate change accord became active, and already we are starting to see some interesting research developing as a consequence of that international initiative. One of the more insightful studies I have come across is a project conducted by the Cambridge Centre for Risk Studies. The research, sponsored by the insurer Lloyd’s, is an attempt to model […]

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Economics, Risk

It’s Time to Start Thinking About an “IMF of Weather”

Of all the forthcoming impacts of increasing climate volatility, the one that seems to be hitting the developed nations first is the topic of increased flooding and the severe impact this phenomenon is having on traditional flood insurance schemes. As the FT recently noted, when writing about the UK government’s pending decision to exclude homes […]

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Economics, Risk

One Year Later, The Deadliest Value Chain Continues

We have just passed the one year anniversary of the Rana Plaza disaster in Bangladesh that killed over 1,00o garment workers. On the anniversary of that senseless disaster,  Kamal Munir, a professor at the Judge School of Business in Cambridge, published an outstanding critique of why that terrible event happened and why it’s almost certain to […]

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Economics, Risk

VOX: The Dollar Is Here to Stay

VOX has an interview of Viv Davies, author of The Dollar Trap: How the US dollar tightened its grip on global finance, by Eswar Prasad. Davies’ book, notes VOX, explains how “in light of the financial crisis, the dollar continues to play a central role in the world economy and why it will remain the cornertsone of […]

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Education, Risk

Arian Foster Decides To Short Himself

There’s an interesting article on The Atlantic’s website about football star Arian Foster’s selling off a portion of his future income to a startup company called Fantex. As The Atlantic notes: Arian Foster, the star running back for the Houston Texans, is now the first athlete to go public. He has sold a 20 percent stake […]

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Finance, Regulations, Risk

EDHEC-Risk: Was the Crisis Financial?

On the 5th anniversary of the great meltdown of 2008, it’s not a bad time to re-read a 2012 article by Noël Amenc (Professor of Finance, EDHEC Business School and Director, EDHEC-Risk Institute), wherein he made the interesting argument that hedge funds, speculators, et al. really were not to blame for the financial crisis of 2008. […]

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Risk

The Puppet Masters Send a Message – Again

Simon Zadek has an interesting piece over on Project Syndicate, where he notes the increasingly active role Chinese regulators are playing in curbing “excesses” in the activities of multi-nationals. As he notes: Hardly a day goes by without China’s government thrusting another global brand into the limelight. Last month, China’s environment ministry rejected an application […]

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