A compilation of third-party content about relevant national and international issues in various fields (economy, financial sector, tax, responsible banking, digitization, etc).

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According to @bankofengland a failure to price climate risks sufficiently could lead to significant financial losses, for example, “insurance losses from climate-related damage have increased fivefold since the 1980s, to around US$50 billion per year”.

Bank of England
Why macroprudencial policy needs to tackle financial stability risks from climate change
Elisabeth Stheeman

According to @Aligarciaherrer, China's policy of "zero Covid dynamics" could have a greater impact on the global economy than the current war in Ukraine due to the drastic restrictions on mobility and production in the Asian country.

Asia Times
China’s Covid policy to be year’s largest economic shock

According to Olivier J. Blanchard and Jean Pisani-Ferry, the best way to finance the increase in public spending linked to the war in Ukraine and the rise in energy prices is through public debt and not taxes.

Peterson Institute for International Economics
Fiscal support and monetary vigilance: Economic policy implications of the Russia-Ukraine war for the European Union
Olivier J. Blanchard and Jean Pisani-Ferry

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