Climate change can impact business in many ways. We all know the effects of natural disasters, for example. But today, the views of users and consumers should be taken into account. So, climate change can not only affect infrastructure, production or sales but as well the very value of a company. Indeed, its valuation could drop because of climate risk exposure. That is why, William De Vijlder, in this third episode, recommends companies to include climate risk into their balance sheet management. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.

How does climate change impact the household balance sheet? Households’ assets and liabilities may be subject to climatic hazards. In many countries, this lesson was learned the hard way. That is why households should be aware of the environmental impact of the companies they choose to invest in or work for. In this second podcast’s episode, William De Vijlder emphasizes the particular importance of climate change in household finances. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Climate change puts at risk the balance sheets of numerous actors, such as households, companies and the public sector. The first episode of this series of podcasts sets the general framework, William De Vijlder is going to remind us what a balance sheet is and how climate change can impact it. The second episode will focus on households and the third one on companies. In the fourth and last episode William De Vijlder will explain how climate change is impacting the balance sheet of the public sector. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.

What business strategy should be adopted against geopolitical risks? The third and last episode describes two approaches "coping with" or "avoiding", that is to say to accept the risk or to guard against it. But a third way could be intelligent risk governance. How to build a robust strategy? William De Vijlder evokes different scenarios. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.

A consequence of globalization is the increasing exposure of companies to geopolitical risk. How can this risk be monitored? How does it affect markets and the economy? In this second episode, William De Vijlder demonstrates the complexity of the issue by exploring the ramifications that exist between all actors. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.

The slowdown of the global economy, more and more visible since the end of 2018, has many causes. Among them concern about the pace of US monetary tightening but also about rising trade tensions, import tariff hikes and, and in Europe, Brexit-related uncertainty. Clearly, geopolitics have contributed to an increase in the level of uncertainty. In this series of podcasts William De Vijlder will first define this type of risk, then in a second episode, he will analyse the impact on business and, in the third episode, propose a governance to be adopted in the face of geopolitical risk. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.

In an environment of extremely low interest rates, central banks' room for manoeuvre to boost growth in the event of a recession is limited. So what monetary policy should be pursued today? William De Vijlder discusses the question of changing the objective of targeting inflation in monetary policies. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.

This second episode analyses the role of inflation targeting in the big disinflation of the 90s, the implications for growth, volatility of growth and inflation, real interest rates and inflation expectations. It also discusses the different perspectives on inflation targeting before and after the Global Financial Crisis of 2008. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.

In this first episode, William De Vijlder discusses why low and stable inflation is important and how this led, about 30 years ago, in New Zealand, to introduce a monetary policy based on inflation targeting. He also discusses how this approach has been adopted by an increasing number of central banks. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Climate change and inclusive growth are closely linked. Low income households will tend to suffer more from the negative economic consequences of global warming. Policy measures to reduce carbon emissions may also have a relatively speaking bigger impact on low income households. These topics are discussed by William De Vijlder in the final podcast of this series. Interview conducted with François Doux. Hosted on Ausha. See ausha.co/privacy-policy for more information.