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Clarendon Lectures in Management Studies

The Architecture of Collapse

The Global System in the 21st Century

Mauro F. Guillén

The Architecture of Collapse

Clarendon Lectures in Management Studies

The Architecture of Collapse

The Global System in the 21st Century

Clarendon Lectures in Management Studies: The Architecture of Collapse

 

Using a variety of economic, financial, and political indicators, this book demonstrates that the global system has become an 'architecture of collapse'. The global financial crisis of 2008, the bilateral relationship between the U.S.


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Beschrijving Clarendon Lectures in Management Studies: The Architecture of Collapse

Why are there so many crises in the world? Is it true that the global system is today riskier and more dangerous than in past decades? Do we have any tools at our disposal to bring these problems under control, to reduce the global system's proneness to instability?

These are the tantalizing questions addressed in this book. Using a variety of demographic, economic, financial, social, and political indicators, the book demonstrates that the global system has indeed become an 'architecture of collapse' subject to a variety of shocks. An analysis of the global financial crisis of 2008, the bilateral relationship between the U.S. and China, and the European sovereign debt crisis illustrates how the complexity and tight coupling of system components creates a
situation of precarious stability and periodic disruption.

This state of affairs can only be improved by enhancing the shock-absorbing components of the system, especially the capacity of states and governments to act, and by containing the shock-diffusing mechanisms. In particular, those related to phenomena such as trade imbalances, portfolio investment, cross-border banking, population ageing, and income and wealth inequality.


ISBN
9780199683604
Pagina's
240
Verschenen
Serie
Clarendon Lectures in Management Studies
NUR
754
Druk
1
Uitvoering
Hardback
Taal
Engels
Uitgever
OUP Oxford

Politicologie




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