Two economics professor have modified a commonly used bank assessment tool to make predictions about a national or global financial crisis. In their paper published in Proceedings of the National Academy of Sciences, Nobel ...
The European Union's energy chief Wednesday unveiled an ambitious 10-year trillion-euro energy investment plan for a single EU energy network to cut fossil fuel imports and fight climate change.
Energy & Green Tech
Nov 10, 2010
4
0
Since the Russian attack on Ukraine almost a year ago, there is no shortage of pessimistic forecasts for the climate and for the economy: Geopolitical tensions might eclipse the fight against global heating, and oil and gas ...
Economics & Business
Feb 7, 2023
2
26
A team of researchers at Leiden University has attempted to measure the demand for sand in the coming decades and has also outlined ways to prevent a demand crisis. In their paper published in the journal Nature Sustainability, ...
The rise of populist movements is changing political systems around the world. As support for these "anti-elite" movements intensifies, many are scrambling to understand whether economic decline and intensifying inter-group ...
Economics & Business
Dec 11, 2020
22
770
The answer to the climate crisis could be seizing social and political tipping points where a modest intervention can lead to massive change, suggest leading University of Oxford economists.
Earth Sciences
Apr 12, 2019
2
150
Financial innovation is supposed to reduce risk—in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same instruments have ...
Economics & Business
Aug 26, 2013
1
0
What happens to renewable energy programs in a country that gets whacked by a full-scale debt crisis, like the one that struck Greece beginning in 2009—do the programs whither and die in the winds of austerity? And how ...
Energy & Green Tech
Aug 14, 2013
2
0
We've all heard of the "glass ceiling" but the recent economic crisis has illuminated another workplace phenomenon: the "glass cliff." Women seem to be overrepresented in precarious leadership positions at organizations going ...
Social Sciences
Oct 23, 2012
0
0
China's carbon dioxide (CO2) levels soared in 2011, putting its per capita emissions on a par for the first time with those of Europe, while global levels of the greenhouse gas hit another all-time high, a report released ...
Environment
Jul 18, 2012
18
0
The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.
Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.
This text uses material from Wikipedia, licensed under CC BY-SA
