The Architecture of Collapse : The Global System in the 21st Century

Mauro F Guillén

ISBN 10: 0199683603 / ISBN 13: 9780199683604

Verlag: Hurst & Co. Jan 2016, 2016

Beschreibung

Neuware - 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. Bestandsnummer des Verkäufers 9780199683604

Bibliografische Details

Titel: The Architecture of Collapse : The Global ...

Verlag: Hurst & Co. Jan 2016

Erscheinungsdatum: 2016

Einband: Buch

Zustand: Neu

Über diesen Titel

Inhaltsangabe:

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.

Über die Autorin bzw. den Autor:

Mauro F. Guillén is the Zandman Professor of International Management at the Wharton School, and Director of the Lauder Institute, University of Pennsylvania. His research has to do with globalization and its impact on patterns of organization and on the diffusion of innovations. He is the author of a dozen books and over 40 scholarly articles. He is an elected fellow of the Sociological Research Association, a former Guggenheim fellow, a recipient of the Aspen Institute's Faculty Pioneer Award, and a member of the Global Agenda Council on Emerging Multinationals at the World Economic Forum.