Resources, Financial Risk and the Dynamics of Growth - Couverture rigide

Pasqualino, Roberto; Jones, Aled Wynne

 
9781138187351: Resources, Financial Risk and the Dynamics of Growth
Couverture rigide
ISBN 10 : 1138187356 ISBN 13 : 9781138187351
Editeur : Routledge, 2020

Synopsis

This book presents a new System Dynamics model (the ERRE model), a novel stock and flow consistent global impact assessment model designed by the authors to address the financial risks emerging from the interaction between economic growth and environmental limits under the presence of shocks.

Building on the World3-03 Limits to Growth model, the ERRE links the financial system with the energy, agriculture and climate systems through the real economy, by means of feedback loops, time lags and non-linear rationally bounded decision making. Prices and their interaction with growth, inflation and interest rates are assumed to be the main driver of economic failure while reaching planetary limits. The model allows for the stress-testing of fat tail extreme risk scenarios, such as climate shocks, energy transition, monetary policies and carbon taxes. Risks are addressed via scenario analyses, compared to real available data, and assessed in terms of the economic theory that lies behind. The book outlines the case for a government led system change within this decade, where the market alone cannot lead to sustainable prosperity.

This book will be of great interest to scholars of climate change, behavioural, ecological and evolutionary economics, green finance, and sustainable development.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Roberto Pasqualino is Visiting Researcher of the Global Sustainability Institute at Anglia Ruskin University, UK. Roberto's research interest is in feedback modelling of industrial policies for the analysis of financial risk and sustainability. This involves the nexus between food security, energy transition, and those environmental and economic shocks that have the potential to disrupt systems in a complex world.

Aled Wynne Jones is the inaugural Director of the Global Sustainability Institute (GSI) at Anglia Ruskin University, UK.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Routledge
Date d'édition
2020
Langue
anglais
ISBN 10 
1138187356
ISBN 13 
9781138187351
Reliure
Relié
Nombre de pages
330
Coordonnées du fabricant
non disponible
Personne responsable
non disponible

Autres éditions populaires du même titre

9780367497637: Resources, Financial Risk and the Dynamics of Growth

Edition présentée

ISBN 10 :  0367497638 ISBN 13 :  9780367497637
Editeur : Routledge, 2022
Couverture souple