Academic Journal Article Archives - Page 6 of 6

Economic Crisis, Long Waves and the Sustainability Transition: An African Perspective

Mark Swilling analyzes economic crises from both a global and a more regional (global south/South African) perspective, examining sociological and technological changes from the post-WWII era into the future green economy. He notes that “a growing body of popular and academic literature has turned to long-wave theory to contextualise the crisis and predict the system […]

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Anticipating Critical Transitions

The authors define a “tipping point” in terms of “a catastrophic bifurcation, where a minor trigger can invoke a self-propagating shift to a contrasting state.” Such “critical transitions” appear in nature and society but remain difficult to predict. The authors propose that complex systems with feature high connectivity and high homogeneity are particularly vulnerable to

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Are we Entering an Era of Concatenated Global Crises?

The authors argue that the world faces an increasing concatenation of crisis in time and space due to “the increased strength of global vs. local drivers of change, so that changes become increasingly synchronized”, and dense global connectivity, which enables crises to propagate and sometimes sees risk management efforts in one region to become crisis

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Globalization and Crisis

This two part special issue of the journal Globalizations considers the multiple crises, dimensions, and interpretations of the global financial crisis.

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Overcoming Systemic Roadblocks to Sustainability: The Evolutionary Redesign of Worldviews, Institutions, and Technologies

The authors propose that socio-ecological systems feature the co-evolution of ecological systems and self-reinforcing complexes of (human) worldviews, institutions, and technologies (WITs). Contemporary WITs arose in a world of abundant resources and immense potential for growth but are now reaching the biophysical limits of the ecosphere. The authors thus advocate a deliberate shift from and

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The Perfect Storm: Catastrophic Collapse in the 21st Century

Glen Kuecker argues that we are facing a catastrophic collapse of the global system, citing climate change, ecological destruction, pandemics, fuel shortages, warfare, and global hunger as interconnected points of failure. He suggests that sustainability perspectives miss the fundamental reality of the global crisis.

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Resilience, Adaptability and Transformability in Social-Ecological Systems

The authors argue that “the stability dynamics of all linked systems of humans and nature emerge from three complimentary attributes: resilience, adaptability, and transformability” (p. 1), then distinguish and clarify these core concepts. “Resilience is the capacity of a system to absorb disturbance and reorganize while undergoing change so as to still retain essentially the

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What Is Systemic Risk, and Do Bank Regulators Retard or Contribute to It?

George G. Kaufman and Kenneth E. Scott provide one of the most often cited definitions of systemic risk as “the risk or probability of breakdowns in an entire system, as opposed to breakdowns in individual parts or components, and is evidenced by co-movements (correlations) among most or all parts” (p. 371). They explain how systemic

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