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Resource Constraints and Global Growth

Evidence from the Financial Sector

Aled Jones, Efundem Agboraw

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Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

With substantial risks arising from resource constraints on global growth, serious questions are being posed about how a scarcity of finite resources may impact global social and political fragility. The research which forms the core of this book focuses on how this scarcity will impact the financial sector, especially through insurance, pension and banking activities. The UK finance sector, which is considered to be amongst the most globalised, is placed under the microscope, and its approaches to food and oil are particularly noteworthy. Interviews with senior financial experts are analysed alongside more traditional quantitative economic analysis to explore potential future impacts, the scope of natural resource constraints and their impact on the economy.

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Schlagwörter

Climatic risks, Global growth, Economic development, BASEL III, Economics risks, Demographic risks, Environmental economics, Pensions, Technological risks, climate change impacts, Political fragility, Adverse selection, Financial sector, Resource scarcity, Natural resources, Environmental Insurance, Resource constaints, Quantitative economic analysis, Political risks, Economic growth