A new European credit policy for the Agenda 2030 The Agenda 2030 Policy Briefs series mobilizes economists and practitioners to identify an economic and financial reform agenda to achieve the 2030 Agenda at the territorial, national and supranational levels.
1. Financialization and the rise of systemic risks It is now established that the increasing financialization of the global economy is facilitating the acceleration of our planet’s destabilization. As shown in Figure 1, a simple linear regression between global financial development (measured by the M2/GDP ratio) and kilotons of CO2 emissions displays a correlation coefficient […]
26 septembre 2022