A new IIASA study proposes a solution for mitigating the increasingly risky nature of financial markets, based on an analysis of systemic risk in financial networks. A tax on individual tran... Read more
Our global networks have generated many benefits and new opportunities. However, they have also established highways for failure propagation, which can ultimately result in man-made disaster... Read more
IN AN INCREASINGLY INTERCONNECTED WORLD, THE ACTIONS OF THE FEW CAN RAPIDLY SPIRAL INTO A GLOBAL CRISIS POLICYMAKERS MUST LEARN FROM RECENT EVENTS TO CONTROL THE RISK LATENT IN OUR INTERDEPE... Read more