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The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do about It

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How to better manage systemic risks—from cyber attacks and pandemics to financial crises and climate change—in a globalized world

The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practi...