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China's recovery is well advanced-but it lacks balance and momentum has slowed, reflecting the rapid withdrawal of … uncertainty. China's climate strategy has begun to take shape with the release of detailed action plans. Productivity growth is …
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This paper analyzes the cross-border risks that could result from a decarbonization of the world economy. We develop a typology of cross-border risks and their respective channels. Our qualitative and quantitative scenario analysis suggests that the mid-transition - a period during which...
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