Technology

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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What are Cascading Disasters?

The authors argue that the world’s dependence on networks and critical infrastructure renders it increasingly vulnerable to “cascading disasters” in which “it is common for the secondary effects to be new sources of impact, which may be more devastating than the original trigger.” To help analyze the vulnerability pathways through which disaster cascades propagate, they

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The Age of Sustainability: Just Transitions in a Complex World

Mark Swilling proposes that “we need to understand the dynamics of the current global polycrisis as the emergent outcome of intersections between four dimensions of transition: socio-metabolic transition, techno-economic transition, socio-technical transition and long-term global development cycles. When understood as multiple cycles that intersect concurrently and asynchronistically across these four dimensions, the emergent outcome can

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The Butterfly Defect

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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