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"Luca Albertini and Pauline Barrieu are to be congratulated on this volume. Written in a period where structured projects in finance are having a difficult time, it is worthwhile to return to the cradle of securitisation: insurance. Spread out over three parts (life, non- life, and tax and regulatory issues) the 26 chapters, written mainly by practitioners, give an excellent overview of this challenging field of modern insurance. Methodology and examples nicely go hand in hand. The overall slant being towards actual analyses of concrete products. No doubt this book will become a milestone going forward for actuarial students, researchers, regulators and practitioners alike." —Paul Embrecht...
Economic and financial considerations are often perceived as being antithetical to environmental concerns. Is it possible to reconcile economic development and growth with preservation of the planet and its resources? The authors of F inance and Sustainable Development believe reconciliation of these two seemingly opposite agendas isn't just possible--it's essential. Economic analysis of environmental problems has made considerable progress in recent decades. Growing concerns about sustainable development, and more particularly environmental and climate change, have emphasized the importance of this research. This book, an outgrowth of the December 2007 conference on Finance and Sustainable Development: Opposition or Partnership? brings together many of the leading experts concerned with environmentally friendly growth. Their aim is to provide a better understanding of the long-term issues that must be considered when attempting to create any short-term solutions.
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