Using a panel fixed effects model for a sample of 121 countries covering 1975–2005, we
examine how financial development, financial liberalization and banking crises are related …

Financial crises have large deleterious effects on economic activity, and as such have been
the focus of a large body of research. This study surveys the existing literature on financial …

This book builds an essential bridge between climate change and social policy. Combining
ethics and human need theory with political economy and climate science, it offers a long …

Economics is the mother tongue of public policy. It dominates our decision-making for the
future, guides multi-billion-dollar investments, and shapes our responses to climate change …

" This is a very important book."--Martin Wolf, Financial TimesA provocative look at how
today's trade conflicts are caused by governments promoting the interests of elites at the …

Long-term scenarios play an important role in research on global environmental change.
The climate change research community is developing new scenarios integrating future …

This paper analyzes the extent of income inequality from a global perspective, its drivers,
and what to do about it. The drivers of inequality vary widely amongst countries, with some …

Soaring income inequality and unemployment, expanding populations of the displaced and
imprisoned, accelerating destruction of land and water bodies: today's socioeconomic and …

Shortlisted for the Financial Times/McKinsey Business Book of the Year Award From one of
the most important economic thinkers of our time, a brilliant and far-seeing analysis of the …

What is the role of the financial sector in explaining business cycles? This question is as old
as the field of macroeconomics, and an extensive body of research conducted since the …