The Butterfly Defect : : How Globalization Creates Systemic Risks, and What to Do about It / / Ian Goldin, Mike Mariathasan.

The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide vari...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2014-2015
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2014]
©2014
Year of Publication:2014
Edition:Course Book
Language:English
Online Access:
Physical Description:1 online resource (320 p.) :; 45 line illus. 5 tables.
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Other title:Frontmatter --
Contents --
Boxes, Illustrations, and Tables --
Preface --
Acknowledgments --
Introduction --
1. Globalization and Risk in the Twenty-First Century --
2. The Financial Sector --
3. Supply Chain Risks --
4. Infrastructure Risks --
5. Ecological Risks --
6. Pandemics and Health Risks --
7. Inequality and Social Risks --
8. Managing Systemic Risk --
Notes --
References --
Index
Summary:The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practical guidance for how governments, businesses, and individuals can better manage globalization and risk.Goldin and Mariathasan demonstrate that systemic risk issues are now endemic everywhere-in supply chains, pandemics, infrastructure, ecology and climate change, economics, and politics. Unless we address these concerns, they will lead to greater protectionism, xenophobia, nationalism, and, inevitably, deglobalization, rising inequality, conflict, and slower growth.The Butterfly Defect shows that mitigating uncertainty and risk in an interconnected world is an essential task for our future.
Format:Mode of access: Internet via World Wide Web.
ISBN:9781400850204
9783110665925
DOI:10.1515/9781400850204?locatt=mode:legacy
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: Ian Goldin, Mike Mariathasan.