Format:
XV, 218 Seiten
,
Diagramme
,
24 cm
Edition:
First Edition
ISBN:
9780199683604
,
0199683603
Series Statement:
Clarendon lectures in management studies
Content:
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
Note:
Includes bibliographical references (pages 187-206) and index
Language:
English
Subjects:
Political Science
Keywords:
Globalisierung
;
USA
;
China
;
Internationale Politik
;
Finanzkrise
;
Schuldenkrise
URL:
Contributor biographical information
URL:
Publisher description
URL:
Table of contents only
Author information:
Guillén, Mauro F. 1964-
