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Tim Congdon

Most analyses of the Great Recession have blamed it on weaknesses of banking systems, notably excessive losses and a lack of capital. However, this mainstream approach is far from convincing, as most banks had higher capital/asset ratios ahead of the crisis than on average in recent decades. An alternative argument – that the falls in asset prices and slump in demand were due to a crash in the rate of money growth – is proposed, and is shown to be applicable to the main countries.

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Colin Jones and Gimme Walter

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Preface

Innovations, Networks and Collaborations

Edited by Charlie Karlsson, Martin Andersson and Lina Bjerke

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Preface

Challenges and Opportunities

Edited by K. N. Ninan and Makoto Inoue

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Colin Jones and Gimme Walter

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Tim Congdon

The introduction explains why the Quantity Theory of Money is relevant to understanding the causes of the Great Recession of 2008 and 2009, just as it was relevant to understanding the causes of the USA’s Great Depression of 1929–33.

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Introduction

Innovations, Networks and Collaborations

Martin Andersson, Lina Bjerke and Charlie Karlsson

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Introduction

Challenges and Opportunities

K.N. Ninan and Makoto Inoue

Climate change poses a great challenge to governments, societies and entities. This chapter discusses the need for building climate resilience, approaches for building climate resilience and the challenges and opportunities for building resilience to address the risks posed by climate change. It then discusses issues related to vulnerability, adaptation and resilience, sectoral perspectives, incentives, institutions, REDD+, local climate finance, and climate policy.

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Introduction

Counting the Environment and Natural Resources

Tiho Ancev, M.A. Samad Azad and Francesc Hernández-Sancho

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Introduction

The Rest Beyond the West

Vladimir Popov