Architecture of Collapse

Name: Architecture of Collapse
Brand: Oxford University Press
SKU: 9780199683604
Price: 358.61 RON
Availability: InStock

The Global System in the 21st Century

Autor: Mauro F. Guill'en

Limbă:

Legare: Copertă tare

Editura: Oxford University Press

Disponibilitate: În depozitul extern

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Why are there so many crises in the world? Is it true that the global system is today riskier and mo...

Informații despre carte

Autor

Mauro F. Guill'en

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2015

Pagini

236

EAN

9780199683604

ISBN

0199683603

Enbook ID

09231712

Editura

Oxford University Press

Greutate

560

Dimensiuni

165 x 340 x 22

Descriere completă

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.

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Architecture of Collapse

The Global System in the 21st Century

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