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In his address to the World Economic Forum, United Nations Secretary-General António Guterres proposed that “Our world is plagued by a perfect storm on a number of fronts”, including an economic crisis (involving slowdown, inflation, rising cost of living, and high debt), the lingering effects of the covid-19 pandemic (alongside ill-preparedness for the next pandemic), […]
Secretary-General’s Remarks at the World Economic Forum Read More »
In response to the 2023 World Economic Forum summit in Davos, Michael Peregrine argues that “the emphasis on polycrisis calls on boards to not only look more broadly on global risks that might affect the company’s business, but also to look at them in a different way. The fundamental governance message of polycrisis is to
Reporting on the first day of the World Economic Forum’s 2023 summit in Davos, Time magazine writer Yasmeen Serhan notes that “polycrisis” is the “most ubiquitous buzzword” of the meeting.
Why ‘Polycrisis’ was the Buzzword of Day 1 in Davos Read More »
In this inaugural panel of the 2023 World Economic Forum summit Adam Tooze asserts that the term polycrisis aptly characterizes the state of the world, while Historian Niall Ferguson dismisses polycrisis as an “illusion” or “mirage” and argues that humanity’s present troubles are “just history happening.”
De-Globalization or Re-Globalization? Read More »
Ian Bremmer and Cliff Kupchan present their top ten geopolitical risks for 2023: an increasingly rogue and reckless Russia; an increasingly powerful and unconstrained Xi Jinping; the weaponization of artificial intelligence; shockwaves of global inflation; Iran backed into a corner; higher energy prices; reversals of development; political divisions in the United States; the disruptive digital
Jonathan Derbyshire characterizes the year 2022 as a polycrisis, discusses the origins of the term, and provides the definition: “Noun: collective term for interlocking and simultaneous crises of an environmental, geopolitical and economic nature.”
Year in a Word: Polycrisis Read More »
Hugo Dixon argues that the present polycrisis need not lead to a new Cold War or bifurcated world order, but could instead produce a polycentric order made up of multiple centres of authority, with the US as a leader but not a hegemon.
Polycrisis may Lead to Polycentric World Order Read More »
Mosharraf Zaidi argues that Pakistan has for decades experienced a polycrisis composed of abject poverty, gender inequality, insecurity of life and property, risk of mass killing, and threat of sovereign default, with no improvements in sight. Additional stresses include extreme weather, a politically involved military, right-wing extremist groups, and the ongoing conflict with India. The author
Our ‘Permacrisis of Polycrisis’ Read More »
The author depicts “polycrisis as a wake-up call for siloed technocratic elites to peer out of the silos at the interaction term” – as a reaction to our tendency to address crises in isolation from one another. He highlights climate change as the “metacrisis” within the polycrisis that is increasingly correlating once separable risks, as
Notes on the Polycrisis Read More »
Güney Işikara argues that “obscure jargon” like ‘overlapping emergencies’ and polycrisis “serve, with or without intention, to conceal the culprit, namely the totality of capitalist relations” as the fundamental source of the world’s problems. “Within this depoliticizing and neutralizing narrative, capitalism at best looms as an imperceptible, shadowy figure in the background, not worth problematizing,
Beating Around the Bush: Polycrisis, Overlapping Emergencies, and Capitalism Read More »
