This paper empirically examines the link between the cost of sovereign borrowing and climate risk for 40 advanced and … resilience to climate risk are important factors driving the cost of sovereign borrowing at the global level. Overall, we find … that vulnerability to the direct effects of climate change matter substantially more than climate risk resilience in terms …

In this paper, the time-frequency dependency of political risk as well as economic and financial risks is explored in … investigation of both the long and short-term causal relationships between political risk and economic and financial risks in … Venezuela. The findings of this study indicate that: (i) significant vulnerabilities in political risk, economic risk, and …