Paul Donovan is a Managing Director and Global Economist at UBS. Paul is responsible for formulating and presenting the UBS Investment Research global economic view, drawing on the bank's world-wide resources. He co-authors the Global Economic Perspectives publication with the other members of the Global Economics team and has focused in recent years on income inequality, monetary union and currencies, government policy, and monetary economics. Julie Hudson, CFA, is a Managing Director at UBS, where she heads up the new Socially Responsible Investment effort established by UBS within its Equity Research division at the end of 2004. The team launched UBS publications on climate change in 2007, on corporate governance in 2008, and on ESG (environmental social and governance issues) and their impact on competitive markets in 2010.
'Donovan and Hudson's original and highly readable book clearly identifies the true cost of living beyond one's means. Their analysis of how environmental problems are influenced by today's economic challenges offers a fresh insight for policy makers.' - Rt Hon Danny Alexander MP, Chief Secretary to the United Kingdom Treasury 'This thoughtful and timely book is an essential read for policy-makers, business leaders and investors who have the power and influence to determine whether we can survive the environmental crunch.' - Emma Howard Boyd, Head of Socially Responsible Investment and Governance, Jupiter Asset Management This highly topical book brilliantly pulls together the two major global challenges of the day - this is essential reading for financiers, policy makers and environmentalists alike. - Professor Sir David King, Director of the Smith School of Enterprise and the Environment (Oxford University)