{"product_id":"resources-financial-risk-and-the-dynamics-of-growth-systems-and-global-society-paperback","title":"Resources, Financial Risk and the Dynamics of Growth: Systems and Global Society - Paperback","description":"\u003cp\u003eby \u003cb\u003eRoberto Pasqualino\u003c\/b\u003e (Author), \u003cb\u003eJorgen Randers\u003c\/b\u003e (Foreword by), \u003cb\u003eAled Wynne Jones\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book presents a new System Dynamics model (the ERRE model), a novel stock and flow consistent global impact assessment model designed by the authors to address the financial risks emerging from the interaction between economic growth and environmental limits under the presence of shocks.\u003c\/p\u003e\u003cp\u003eBuilding on the World3-03 Limits to Growth model, the ERRE links the financial system with the energy, agriculture and climate systems through the real economy, by means of feedback loops, time lags and non-linear rationally bounded decision making. Prices and their interaction with growth, inflation and interest rates are assumed to be the main driver of economic failure while reaching planetary limits. The model allows for the stress-testing of fat tail extreme risk scenarios, such as climate shocks, energy transition, monetary policies and carbon taxes. Risks are addressed via scenario analyses, compared to real available data, and assessed in terms of the economic theory that lies behind. The book outlines the case for a government led system change within this decade, where the market alone cannot lead to sustainable prosperity. \u003c\/p\u003e\u003cp\u003eThis book will be of great interest to scholars of climate change, behavioural, ecological and evolutionary economics, green finance, and sustainable development.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eRoberto Pasqualino\u003c\/strong\u003e is Visiting Researcher of the Global Sustainability Institute at Anglia Ruskin University, UK. Roberto's research interest is in feedback modelling of industrial policies for the analysis of financial risk and sustainability. This involves the nexus between food security, energy transition, and those environmental and economic shocks that have the potential to disrupt systems in a complex world.\u003c\/p\u003e\u003cp\u003eAled Wynne Jones is the inaugural Director of the Global Sustainability Institute (GSI) at Anglia Ruskin University, UK.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 300\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.69 x 9.21 x 6.14 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e February 01, 2022\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42103631904903,"sku":"9780367497637","price":97.18,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/147bb8c272cc06e159b95884e30fc877.webp?v=1732415823","url":"https:\/\/booksby.splitshops.com\/products\/resources-financial-risk-and-the-dynamics-of-growth-systems-and-global-society-paperback","provider":"Books by splitShops","version":"1.0","type":"link"}