The Climate Crisis of the 21st Century
Macroeconomic Implications and Policy Responses

Floods, heatwaves and sea level rises – the increasingly present implications of climate change are widely known to the general public. Less well known, however, is that the climate crisis of the 21st century poses tremendous risks to the world economy and financial stability. According to Willem Buiter, extreme implications of global warming could depress […]

The Climate Crisis of the 21st Century
Macroeconomic Implications and Policy Responses
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