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the agricultural/nonagricultural terms of trade and income distribution must adjust to permit both savings and investment …
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It has been said that insurance is the last of the financial services to accept radical change (Denney [1995-1996]). Yet there has been a fundamental shift in the geographic location and in the organization of the reinsurance industry in the last six years (Chichilnisky [19966]). Global...
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them, it deals with different aspects of the theory of risk-bearing. I explain current responses to global change, focusing … into the future. It proposes sound principles of risk management that make sense in today's society generally, going beyond …
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