“The Costs of Deflation: A Historical Perspective,” BIS Quarterly Review, March; and Ryska, P. (2014), “Deflation and Economic Growth in Long-Term Perspective,” Charles University in Prague, Institute of Economic Studies Working Paper 18/2014. 4  An examination of the role of monetary policy in exiting deflation can be found in Bordo, M. and A. Filardo (2005).
The longer the delay in the climate change response, the more these crises and health emergencies will pose a serious threat to our daily lives. In a national awareness survey on climate change's impact on health, approximately 63% of respondents considered it "serious."