Deal or no deal: the influence of political risk in global climate decision-making

As the clock winds down on current efforts to avert an impending Greek default, it seems timely to consider the role of deal making in decisions that have far-reaching consequences. The Greek situation has produced extraordinary volatility on stock and bond markets through May and June 2015. Whilst the macroeconomic outlook for many European stocks would seem positively bullish, cognitive attention has been drawn to a relatively minor contributor in terms of GDP and anticipation of future risks from theRead more