Systemic risk from the Environment to the Macro-economy.
Clever use of methods. Nice estimates.
I'd say estimates are conservative:
1. indirect effects,
2. secondary impacts, and
3. regional clustering, i.a.,
would make things worse.
dr roger cremades
Scenario modelling reveals how sovereign credit ratings and the cost of borrowing across 23 nations would change under partial collapses in timber production, wild pollination services and marine fisheries 🧪 www.nature.com/articles/s41...
Scenario modelling reveals how sovereign credit ratings and the cost of borrowing across 23 nations would change under partial collapses in timber production, wild pollination services and marine fish...