
The Butterfly Defect
How Globalization Creates Systemic Risks, and What to Do about It
- 320 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
The Butterfly Defect
How Globalization Creates Systemic Risks, and What to Do about It
About this book
How to better manage systemic risks—from cyber attacks and pandemics to financial crises and climate change—in a globalized world
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.
Information
Table of contents
- Cover Page
- Title Page
- Copyright Page
- Dedication Page
- Contents
- List of 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
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