Economy

Impact 2024: How Donald Trump’s Reelection Could Amplify Global Inter-systemic Risk

The November 2024 federal election in the United States could mark an abrupt inflection point not only in the evolution of the American polity but also in the direction of global society. In this report, the Cascade Institute’s Polycrisis research team examines possible global systemic impacts of a second Trump presidency and maps the ways […]

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When one crisis comes after another: successive shocks, food insecurity, and coastal precarity in the Philippines

The authors examine the layering and succession of social and environmental crises—including a catastrophic typhoon, the COVID-19 pandemic, and economic inflation—and their impacts on food security in Capiz, Philippines. The authors investigate how these crises manifest in poor coastal communities and how vulnerable populations navigate such challenges.

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A New Economy: Exploring the Root Causes of the Polycrisis and the Principles to Unlock a Sustainable Future

The report examines the systemic flaws of the current economic model, emphasizing ecological, social, and geoeconomic crises. It discusses the interconnected systemic flaws behind the crises and sets out guiding principles to reshape sustainability and accelerate the transition to a new economy.

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The Polycrisis: Behind The Buzzword

This article discusses the emergence of the word ‘polycrisis’ in 2023, noting its rise to prominence at the 53rd World Economic Forum Annual Meeting, and seeks to underscore the gravity behind it. Larchman provides a primer, in which she defines polycrisis, in part, as “a cluster of interconnected crises in which ‘the overall impact exceeds

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Prospects for the World Economy in the Polycrisis with Martin Wolf

In this video, Michael Hainsworth, host of the C.D. Howe Institute podcast, interviews Martin Wolf, Chief Economic Commentator at the Financial Times and host of the podcast “Saving Democratic Capitalism”, in advance of a talk that Wolf gave to the Institute. Hainsworth and Wolf discuss ongoing crises that factor into the ongoing Polycrisis—defined as “a

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WTW Research Network Risk & Resilience Review: Emerging Risks from Geopolitical Shifts

This report by the WTW Research Network “introduces research and opinions that provide new perspectives to support risk management and resilience.” In particular, this report focuses on WTW’s work in geopolitics, topics such as supply chains, national competition, and emerging risks and their interconnectivity. WTW posits that the topics covered “highlight a need for an

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Global Tipping Points Report 2023

Global Tipping Points is a report, led by the University of Exeter’s Global Systems Institute and funded by the Bezos Earth Fund, that identifies negative and positive tipping points with regards to ongoing global crises. According to the report, the existence of negative tipping points shows that the threats posed by the current crises we

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Economic Globalization’s Polycrisis

Eric Helleiner defines polycrisis as “a cluster of distinct crises that interact in ways that they and/or their effects tend to reinforce each other” and argues that economic globalization is experiencing a polycrisis made up of five constituent crises: the deepening trade war between the United States and China; the move towards national self-sufficiency in

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