MARC record from Internet Archive

LEADER: 03043cam a2200361 i 4500
001 2013039405
003 DLC
005 20140718082519.0
008 131104s2014 nju b 001 0 eng
010 $a 2013039405
020 $a9780691154701 (hardback)
040 $aDLC$beng$cDLC$erda$dDLC
042 $apcc
050 00 $aHD61$b.G643 2014
082 00 $a658.15/5$223
084 $aPOL033000$aBUS068000$aBUS035000$aPOL000000$2bisacsh
100 1 $aGoldin, Ian,$d1955-
245 14 $aThe butterfly defect :$bhow globalization creates systemic risks, and what to do about it /$cIan Goldin and Mike Mariathasan.
264 1 $aPrinceton :$bPrinceton University Press,$c2014.
300 $axx, 296 pages ;$c24 cm
336 $atext$2rdacontent
337 $aunmediated$2rdamedia
338 $avolume$2rdacarrier
520 $a"Global hyperconnectivity and increased system integration have led to vast benefits, including worldwide growth in incomes, education, innovation, and technology. But rapid globalization has also created concerns because the repercussions of local events now cascade over national borders and the fallout of financial meltdowns and environmental disasters affects everyone. The Butterfly Defect addresses the widening gap between systemic risks and their effective management. It shows how the new dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practical guidance for how governments, businesses, and individuals can better manage risk in our contemporary world. Goldin and Mariathasan assert that the current complexities of globalization will not be sustainable as surprises become more frequent and have widespread impacts. The recent financial crisis exemplifies the new form of systemic risk that will characterize the coming decades, and the authors provide the first framework for understanding how such risk will function in the twenty-first century. Goldin and Mariathasan demonstrate that systemic risk issues are now endemic everywhere--in supply chains, pandemics, infrastructure, ecology and climate change, economics, and politics. Unless we are better able to address these concerns, they will lead to greater protectionism, xenophobia, nationalism, and, inevitably, deglobalization, rising conflict, and slower growth. The Butterfly Defect shows that mitigating uncertainty and systemic risk in an interconnected world is an essential task for our future"--$cProvided by publisher.
504 $aIncludes bibliographical references and index.
650 0 $aRisk management.
650 0 $aCrisis management.
650 0 $aGlobalization.
650 7 $aPOLITICAL SCIENCE / Globalization.$2bisacsh
650 7 $aBUSINESS & ECONOMICS / Development / Economic Development.$2bisacsh
650 7 $aBUSINESS & ECONOMICS / International / General.$2bisacsh
650 7 $aPOLITICAL SCIENCE / General.$2bisacsh
700 1 $aMariathasan, Mike,$d1982-