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, Politics

Understanding the Origins of Fiscal Transparency

The IMF has recently published working paper by Timothy C. Irwin (Shining a Light on the Mysteries of State: The Origins of Fiscal Transparency in Western Europe) which I found a very interesting read for many reasons. Though it may seem an esoteric topic, the issue of transparency in the finances of government is something that, as […]

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