Tag Archives for risk

The problem with treating a financial network like a financial market

Ten years after the financial crisis, the risks associated with securitisation are yet to be fully appreciated It is almost precisely ten years since BNP Paribas froze three investment funds linked to subprime securities, marking the start of one of the most significant financial crises and deepest recessions of our time. At the centre of this crisis was an obscure … Continue reading

23 August 2017 by
Categories: SPERI Comment | Tags: , , , , , , , , | Leave a comment

Placing bets on the climate

Jo Bates

Developments in ‘big data’ science and the weather risk industry are transforming the political economy of climate change The recent news story regarding Monsanto’s US$930million acquisition of the data science company, Climate Corporation, raises important questions about the form of political economy that is being developed in response to the challenge of climate instability. A new generation of data analytics … Continue reading

24 October 2013 by
Categories: Business, Climate change, Inequality, SPERI Comment, Sustainability | Tags: , , , , , , , , , , , , , , , , , , , , | 1 comment