Contagion: the systemic risks of globalisation
The spread of COVID-19 is alarming. But not surprising. Globalisation creates systemic risks. More flows between countries make risks more contagious.
The spread of COVID-19 is alarming. But not surprising. Globalisation creates systemic risks. More flows between countries make risks more contagious.
Income insecurity and its impact on households is the economic scourge of the early 21st century for the UK, the Bank of England’s chief economist told an audience at the Oxford Martin School today (28 February).
Just 13 out of the largest 132 coal, electricity, and oil and gas companies have made commitments to reduce their greenhouse gas emissions to net zero, according to research published today by the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science, the Oxford Martin School, and the Transition Pathway Initiative.
CO2 utilisation has the potential to operate at large scale and at low cost, meaning it could form part of a viable new global industry.
We currently have an open call for research on technological solutions and their barriers. We are pleased to announce that we are expanding this call to include another competition, to fund a single Oxford Martin School Programmet that is 100% compliant with the UK’s Official Development Assistance (ODA).
Professor Brian Nolan, of the Department of Social Policy and Intervention and Institute for New Economic Thinking at the Oxford Martin School, has been announced today as one of the winners of a prestigious European Research Council Synergy grant.
As Nigeria’s new administration puts together an economic team to think through priorities for the next four years, one larger problem looms in the background. Policies to tackle the multiple challenges with growth, inflation, public finances, currency and trade will only matter if they are understood as planks in a strategy of tackling a much broader issue: Nigeria is no longer an oil state.
In June, thousands of dockworkers marched at the Port of Los Angeles against the coming introduction of robotic machines threatening their jobs. And they are not alone in fearing automation.
The first day of the Global NDC (Nationally Determined Contribution) Conference ended in Berlin with a powerful thunderstorm cooling an unseasonally hot day (33°C). It’s far worse in Delhi where it hit a record-breaking 48°C on 12th June. At the conference the message is clear that action on climate change has to happen now and not in the future.
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