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 […]
Economic Globalization’s Polycrisis Read More »
The authors translate polycrisis from a loose concept into a research agenda by providing the concept with a substantive definition, highlighting its value-added in comparison to related concepts, and developing a theoretical framework to explain the causal mechanisms currently entangling many of the world’s crises. In this framework, a global crisis arises when one or
Global Polycrisis: The Causal Mechanisms of Crisis Entanglement Read More »
This 19th edition of the World Economic Forum’s annual Global Risk Report is based on a risk perception survey conducted with nearly 1500 experts from academia, government, business, and civil society. Chapter 1 focuses on three risks that have grown of increasing concern over the next two years: false information, interstate violent conflict, and economic
Global Risks Report 2024 Read More »
Tim Sahay surveys the many crises covered in The Polycrisis newsletter over the last year and identifies four key shifts: northern countries are increasingly concerned with their own economic resilience but have not reformed the international financial system, so the global south remains increasingly vulnerable and disadvantaged; the past two years have witnessed more violent
Using expert solicitation, the authors identify 14 “evolutionary traps” (global, technological, and structural) that risk locking humanity into unfavorable (maladaptive) trajectories that seriously restrict its ability to adapt to the Anthropocene. These traps develop over four phases: initiation, scaling, masking (of harmful interactions), and trapping. The fourth phase involves one of five trapping mechanisms: constraints,
Evolution of the polycrisis: Anthropocene traps that challenge global sustainability Read More »
This tenth edition of insurance company AXA’s Future Risks Report surveyed 3,500 experts in 50 countries and a representative sample of 20,000 members of the general population in 15 countries. It found that the top three perceived risks are: 1) climate change, which for the first time occupied the top spot for both experts and
AXA Future Risks Report 2023: A World in Polycrisis Read More »
William White argues that climate policy around the world is lacking in dimensions of “should” (clear analysis of what must be done), “could” (the power to implement solutions), and “would” (the actual use of that power to address the problem). The even greater challenge, however, is that climate change is not the only global systemic
Paul Gilding argues that the world has reached “a multi-system tipping point” that will bring “the Great Disruption”: “a destabilisation of the global climate system at a scale that is so chaotic, unpredictable and costly, it will trigger cascading disruptive change in the global economy, national politics, investment markets and geopolitical security.” Gilding predicts that
The Great Disruption has Begun Read More »
The authors translate polycrisis from a loose concept into a research agenda by providing the concept with a substantive definition, highlighting its value-added in comparison to related concepts, and developing a theoretical framework to explain the causal mechanisms currently entangling many of the world’s crises. In this framework, a global crisis arises when one or
Global Polycrisis: The Causal Mechanisms of Crisis Entanglement Read More »
George Soros argues that there are three main sources of the polycrisis (in order of importance): artificial intelligence, climate change, and Russia’s war on Ukraine. AI poses a “mortal threat” to open societies via disinformation, and it provides closed societies new instruments of surveillance and control; climate change threatens to make large areas uninhabitable; but
Can Democracy Survive the Polycrisis? Read More »
