The analysis in this paper assumes that the gains from productivity growth will be more broadly shared in the future, as they have been in the past.

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One aspect of this paper is an in-depth analysis justifying and calculating the GIA factor, which was originally described in Peltier 2002, which is also cited by the CU sea level group.

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The paper underlying his analysis is this one.

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As the Financial Times, which first published details of the shocking analysis, points out this morning, the troika paper talks of the need for banks and investors to agree to be repaid 50% or 60% less than the face value of what Greece owes them.

BBC: Greece needs yet another bailout

In a paper in this week's Nature, John Harries and his colleagues describe their analysis of the longwave infra-red radiation leaving the earth.

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