Asia & the Pacific

59 Items

A monument in front of reactor 4 at Chernobyl.

Adam Jones/Wikimedia Commons

Analysis & Opinions - Bulletin of the Atomic Scientists

Chernobyl: A Nuclear Accident That Changed the Course of History. Then Came Fukushima.

| Mar. 11, 2021

Chernobyl still stands for the world’s worst nuclear accident. The full impact of a nuclear disaster on this scale is difficult to compute, not least because the effects that count most are often those that are most difficult to count. Beyond the number of lives lost and people displaced, beyond the money spent on accident mitigation and remediation, there are long-term health, environmental, social, economic, and political consequences that defy quantification. Thirty-five years on, we are still grappling with the full extent of Chernobyl’s impact on the world. Yet in a very real sense, we live in a world shaped by Chernobyl.

Recovery work is performed on Unit 4 at the Fukushima Daiichi Nuclear Power Plant in April 2013.

IAEA Imagebank/Wikimedia Commons

Analysis & Opinions - Bulletin of the Atomic Scientists

Nuclear Safety and Security Lessons from Chernobyl and Fukushima

| Mar. 11, 2021
  1. We must learn from and remember the lessons of the past—while recognizing that Fukushima is not going to “happen again” as future accidents will have their own characteristics; while remembering the past, we must also avail ourselves of advances in seismology, climatology, engineering, etc.

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Analysis & Opinions - Bloomberg Opinion

After Oil: Throwing Money at Green Energy Isn’t Enough

| Sep. 17, 2020

The geopolitical and geo-economic forces wrought by the coronavirus pandemic, as examined previously in this series, are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.

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Analysis & Opinions - Bloomberg Opinion

Pandemic Is Hurting, Not Helping, Green Energy

| Sep. 16, 2020

For most people, there was nothing to celebrate when the International Monetary Fund downgraded its outlook for global economic growth in June, anticipating a contraction of 4.9% for 2020. Yet for others, such as the small but persistent group of economists and others known as the degrowth movement,” the Covid-induced economic slowdown has a silver lining.

Rupiah coins in Medan, North Sumatra, Indonesia.

Binsar Bakkara/AP

Analysis & Opinions - Global Policy

Closing the Equity Financing Gap during the COVID-19 Crisis: The Emergence of Sovereign Wealth Funds with Expiration Dates

| May 29, 2020

Juergen Braunstein and Sachin Silva argue that sovereign wealth funds may be central to governments' efforts to balance public responsibility with private interests in post-pandemic economies.

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Analysis & Opinions - Global Policy

Factoring Pandemic Risks into Financial Modelling

| Apr. 01, 2020

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

Foreseeable Unforseeables

Drew Angerer/Getty Images

Analysis & Opinions - Project Syndicate

Foreseeable Unforeseeables

| Mar. 27, 2020

Contrary to what US President Donald Trump would like to believe, a pandemic like COVID-19 was predicted as recently as last year. After being caught off guard by yet another catastrophe, one wonders when political leaders, markets, and average citizens will start to take risk seriously.