Ian Goldin

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    Globalisation has created substantial benefits, but global governance must evolve to meet the challenges posed by new systemic risks

Globalisation has created substantial benefits, but global governance must evolve to meet the challenges posed by new systemic risks

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The 2007-08 financial crisis highlighted the potential for negative economic developments to spread quickly across the world’s interconnected economies. Ian Goldin writes that this constituted the first example of a truly systemic crisis, where risks that pooled in a relatively small market in the American Midwest (the sub-prime mortgage market) cascaded to all corners of the global economy. He […]

September 4th, 2014|Democracy and culture, Ian Goldin, US foreign affairs and the North American neighbourhood|0 Comments|
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    To preserve the benefits from globalization, global connectivity requires global coordination.

To preserve the benefits from globalization, global connectivity requires global coordination.

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Globalization has been a powerful force that has promoted sustained periods of peace and lifted many of the world’s poorest out of poverty. In their new book, The Butterfly Defect, Ian Goldin and Mike Mariathasan argue that it has also contributed to the building up of systemic risks, such as environmental hazards or a collapse of global IT architecture. […]

June 27th, 2014|Democracy and culture, Economy, Ian Goldin, Mike Mariathasan|2 Comments|
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