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Fat Tails, Tipping Points and Asymmetric Time Horizons
Climate-related financial risks (CRFR) pose unique challenges for capital requirements regulation. CRFR are forward looking, non-linear, systemic and endogenous - attributes that render quantitative estimates of physical and transition risk subject to radical uncertainty. CRFR are also characterised by asymmetric time horizons: the worst impacts will emerge over the long term but the trajectory of future scenarios is endogenous to actions taken in the nearer term. Even pioneering forward-looking stress tests cannot feasibly capture all possible tail risks. We propose supplementing the existing capital requirements regime by giving it a stronger precautionary and macroprudential focus, paying...
The Cost of Living Crisis
A myth-busting pamphlet that charts a course out of the current cost of living crisis, focusing on Britain's current economic situation We are living through a cost of living crisis, with interest rate hikes and the prices of everyday consumables and energy bills sky-rocketing. Why is this happening? Sometimes we are told that wages are too high, or that the government has "printed" too much money or that events far away, such as the war in Ukraine, are solely to blame. The plain argument that high prices go together with high profits, falling wages, and weak production is often distorted and hidden by mainstream commentary in the media and elsewhere. This plain-speaking pamphlet tells it st...
TEXT-ISLES
TEXT-ISLES is an exhibition catalogue documenting the physical exhibition of visual poetry at the Art Park Gallery in Rhodes from 17–24 September 2021. It features a range of experimental poets, examines materiality through the lens of text and textiles. The work produced as part of its accompanying show are harnessed to retell, reimagine, and reorient our relationship to the environment and materials that stratify us.TEXT-ISLES is an exhibition catalogue documenting the physical exhibition of visual poetry at the Art Park Gallery in Rhodes from 17–24 September 2021. It features a range of experimental poets, examines materiality through the lens of text and textiles. The work produced a...
Local Water Partnership
The conservation of water resources together with environment protection will be a challenge for the European Union within the 21st century. Water management nowadays involves the cooperation of farmers, societies, industry and public administration. The solution based model of water protection in this book describes the creation of local water partnerships by local actors and stakeholders for the management of local water resources. These local water partnerships will enable the integration of the local community to comprehensively solve problems related to water security, while also cooperating with neighbouring partnerships. The local water strategy is based on local needs and priorities with reference to regional, national and global objectives. This strategy also provides for environment and species protection, as envisioned by the New Green Deal and the current EU actions to make the key economic sectors more resistant to climate change. The model for water protection can also be used to reduce the carbon footprint and environmental transformation within Europe.
Data Governance in AI, FinTech and LegalTech
A comprehensive overview of the governance of urban infrastructures, this Companion combines illustrative cases with conceptual approaches to offer an innovative perspective on the governance of large urban infrastructure systems. Chapters examine the challenges facing urban infrastructure systems, including financial, economic, technological, social, ecological, jurisdictional and demand.
When nothing works
It’s hard to escape the feeling that in Britain today nothing works. In the face of mounting inflation and widespread industrial action, this book offers an incisive analysis of the UK’s problems and a new approach to tackling them. Economic growth and higher wages, the traditional responses of mainstream politicians, are simply not enough. This is because the so-called ‘cost of living crisis’ is only the face of a deeper crisis of foundational liveability. The UK is confronted not only with squeezed residual incomes but also failing public services and decaying social infrastructure. The only way out is to embrace a political practice of adaptive reuse that works around the constraints that frustrate mainstream policies. Presenting a new model for the three pillars of liveability – disposable and residual income, essential services and social infrastructure – When nothing works challenges the assumptions of left and right in the UK political classes and offers a fresh approach to the economically visible and politically actionable.
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Rethinking Poverty
This book calls for a bold forward-looking social policy that addresses continuing austerity, under-resourced organisations and a lack of social solidarity. Based on a research programme by the Webb Memorial Trust, a key theme is power which shows that the way forward is to increase people’s sense of agency in building the society that they want.
