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In this book, the author traces the emergence of the climate-related financial risks (CRFR) policy norm in central banking. During recent years, Central Banks (CBs) have increasingly started to care about climate change. This development is puzzling and has received surprisingly little scholarly attention so far. Why is it that CBs with a very narrow mandate like the ECB, start to tackle CRFR? What makes CBs adopt a new policy norm on climate change and sustainable development although this provokes discussions about their independence? Based on data collected through expert interviews triangulated with public sources, the author shows that the CRFR policy norm emerged in three steps. First, an epistemic community of think tanks and politically engaged academics framed the idea of CRFR and proposed a policy norm specifically focusing on CBs. Second, the epistemic community taught the CRFR policy norm to early-adopting CBs that acted as norm champions, which helped strengthen its socialrecognition in the central banking community. Third, the CRFR policy norm has been strengthened by activist campaigns demanding CBs to comply with the emerging new policy norm.
This book tries to build a broad view on industrial processes of large economies and their integration in the world. It provides insight into the industrialization progresses of the quartet of USA, China, Germany and Japan, all attaining individual industrialization success by distinct trade, fiscal and industrial policy path, the underlying principles of which can be traced back to respective nation's roots in civilization. The combination of their industrial output led to the integrated formation of international industrial distribution. While being highly productive, the current distributed pattern yields benefits that are unevenly dispersed among different regions, industries and societal groups within each participating nation and among engaging economies. To address the uneven benefits distribution at both domestic and international levels, large industrial economies took a plethora of policy actions that will impact industrial ecosystem and portfolio results. The book aims tohelp readers to build better investment strategies and robust risk management practice under the context of uncertainty and successfully navigate through choppy waters in the years ahead.
A timely guide to rethinking and reinventing supply chains with breakthrough thinking to benefits your organization, the economy, and the worldAs global business and geopolitical conditions have changed radically, it is imperative that supply chain strategies and operations transform to thrive in a volatile environment. Leaders at corporations, public agencies, national security, and public health recognize the importance of resilience, agility and flexibility. Breakthrough Supply Chains provides a comprehensive view of end-to-end supply chains and dispels the common myths about them. It provides "breakthrough thinking" principles that address critical topics for enterprise and public policy:How supply chains have enabled profitable and beneficial growth in the evolving worldThe evolution of "the new customers" and what they demandThe critical success factors for managing demand and supply in a complex and risky worldInformation, data, governance, analytics and measurements that guide strategic choicesResilience, risk, and supply assuranceSustainability and the environmentWhether you are an organizational manager, government agency leader, or member of the interested public, Breakthrough Supply Chains reinvents the supply chain with far-reaching effects. This is your go-to guide.
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