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Book review: the butterfly defect: how globalization creates systemic risks, and what to do about it

Verkhivker, Alex (2015) Book review: the butterfly defect: how globalization creates systemic risks, and what to do about it. LSE Review of Books (07 Jul 2015). Website.

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Abstract

The increasing connectivity of people in the world is cause for joy and concern, according to scholars Ian Goldin and Mike Mariathasan in their new book, The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do about It writes Alex Verkhivker. The authors draw on the premise that micro distresses in any economic system, whether it be energy or finance, are increasingly likely to pose systemic risk as a result of increased connectivity and globalization across individuals, businesses, and governments.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/lsereviewofbooks/
Additional Information: © 2015 The Author(s) CC BY-NC-ND 2.0
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Date Deposited: 12 Apr 2017 08:29
Last Modified: 15 Sep 2023 19:59
URI: http://eprints.lse.ac.uk/id/eprint/73544

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