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West to East

State-directed capitalism rather than trade imbalance is the real US worry about China, Michael Kitson tells the Risk Summit of the Centre for Risk Studies. The state-directed nature of Chinese capitalism that allows longer-term investments is likely of greater concern…

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USA and Chinese flags

Dangers of de-globalisation

Worrying signs of a knee-jerk reaction to COVID-19, says Peter Williamson, Honorary Professor of International Management. There are worrying signs of a knee-jerk reaction to the coronavirus pandemic, a spasm toward protectionism, nationalism and the abandonment of international cooperation. This is clearly the wrong approach. …

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Abstract image of deglobalisation.

Newsweek: Iran faces fourth crisis in oil crash amid U.S. sanctions, coronavirus and protests

Dr Kamiar Mohaddes, University Senior Lecturer in Economics & Policy at Cambridge Judge Business School, comments about the role of coronavirus, U.S. sanctions, and the slowdown in oil markets on the Iranian economy. Kamiar says that sanctions “have limited exports…

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Fox News: Extreme weather could cause a massive economic recession ‘like we’ve never seen before’

A study co-authored by Dr Kamiar Mohaddes, University Senior Lecturer in Economics & Policy at Cambridge Judge Business School, is quoted in the article. The study says that "virtually all" nations will be negatively affected by climate change by 2100…

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ABC News: Are economists globally understating or overstating the cost of climate change?

Dr Kamiar Mohaddes, University Senior Lecturer in Economics & Policy at Cambridge Judge Business School, comments on his study on how global GDP will decline as a result of business-as-usual carbon emissions. The study suggests that at least 7 per…

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CNBC: Developing economies reliant on agriculture are more exposed to climate risks

According to a study by Dr Kamiar Mohaddes, University Senior Lecturer in Economics & Policy at Cambridge Judge Business School, an increase in average global temperature by 0.04 degrees Celsius per year will reduce world real GDP per capita by…

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OMFIF: Gold and the future of the global reserve currency system

Michael Kitson, University Senior Lecturer in International Macroeconomics at Cambridge Judge, was a guest panellist on a podcast of the Official Monetary and Financial Institutions Forum. Michael talked about the state of the gold market and the internationalisation of China’s…

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Only Strategic: Global Risk Index suggests around $584bn could be lost in 2020

Around $584 billion could be wiped off the global economy by catastrophic events in 2020, according to an annual Global Risk Index by the Centre for Risk Studies at Cambridge Judge. The index measures the potential impact on 279 major…

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Opinion piece: A £50 billion ‘Remain bonus’? This claim may not be a fact but it’s very likely

By Michael Kitson, University Senior Lecturer in International Macroeconomics at Cambridge Judge Business School Michael Kitson It was a forlorn hope that we would reach peak political deception with the 2016 EU referendum's Brexit bus, which was emblazoned with the…

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Symbolic image of scissors cutting the EU flag and the Union Jack in two.

The Conversation: A £50 billion ‘Remain bonus’? This claim may not be a fact but it’s very likely

Michael Kitson, University Senior Lecturer in International Macroeconomics at Cambridge Judge Business School, writes an opinion piece for The Conversation about the £50 million bonus claim. “It should be emphasised that there is a lot of uncertainty about economic forecasts.…

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