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An Embarrassment of Changes: International Relations and the COVID-19 Pandemic

Mathew Davies and Christopher Hobson argue that the COVID-19 pandemic is part of an ongoing polycrisis that requires significant changes to the ways in which the discipline of International Relations understands the world. They propose that “Polycrisis is a way of capturing the tangled mix of challenges and changes [that] closely interact with one another, […]

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The Power of Crisis: How Three Threats – And Our Response – Will Change the World

Ian Bremmer argues that the world faces three major crises—pandemics, climate change, and disruptive technologies (AI, lethal autonomous weapons, cyberwarfare, and biotechnology)—but our ability to respond effectively is hampered by broken American politics and the worsening rivalry between the United States and China. The three crises, however, present an opportunity and the necessary impetus for

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Global Catastrophic Risks 2022: A Year of Colliding Consequences

The report provides an overview of several catastrophic risks that are potentially global in scope: weapons of mass destruction, pandemics, artificial intelligence, asteroids, climate change, super-volcanic eruptions, ecological collapse, population growth, and climate tipping points. For each risk, it explores the key factors that affect the risk levels and the extant governance frameworks that address

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Shutdown: How Covid Shook the World’s Economy

Adam Tooze examines the impacts of the covid-19 pandemic on finance and business, highlighting just how unprepared and vulnerable economic systems were to the crisis. He highlights the ways in which institutional failures, political interests, economic policies, and geopolitics interacted with the pandemic to shape its impacts. Characterizing the situation as a polycrisis, he applies

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Reducing Global Catastrophic Biological Risks

This guide defines global catastrophic biological risks (GCBRs) as “risks that threaten great worldwide damage to human welfare, and place the long-term trajectory of humankind in jeopardy… [and are] broadly biological in nature”. The author then analyzes historical, current, and potential biological risks (e.g., The Black Death, horsepox, etc.) and argues that some historical biological

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Global Catastrophic Biological Risks: Toward a Working Definition

Global catastrophic biological risks (GCBRs) are hazards caused by biological agents that result in massive disruptions to society. The authors analyze historical GCBRs, such as H1N1 and the Black Death, and their interactions with other complex aspects of society. The rapid depopulation caused by the Black Death, for example, generated “broad, lasting, and complex effects

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The Emergence of Global Systemic Risk

The authors argue that the world constitutes a tightly coupled, global complex system that endogenously generates systemic risks and vulnerabilities as it grows more complex. After discussing complexity, risk, and networks as key elements of their framework, they provide case studies of global systemic risk in trade, finance, infrastructure, climate change, and public health. The

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The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do about it

Ian Goldin and Mike Mariathasan argue that systemic risk is endemic to globalization that cannot be removed. “It is a process to be managed rather than a problem to be solved” (p. xiii). But rather than retreat from globalization and forfeit its considerable benefits, the authors argue that systemic risk requires global governance reforms to

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