S.’s Reviews > The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do about It > Status Update

A pandemic also could isolate Washington, Whitehall, Brussels, or Beijing. Many experts believe that it is a question of when, not whether, such events will occur.

Et voilà!

Block chain, infrastructure, physical networks ... Risks and valuable management lessons ...
There was a good justification for the high MBA enrolment rate worldwide ! Sympa !

"Many of the networks on which existing transport, water, and sanitation systems rely in the advanced economies are more than 50 years old and in some cases more than a century old and are operating well beyond their design capacity."

Remember that brilliant lady at a conference who is working on encouraging investments in infrastructure in Switzerland...

Complexity describes “phenomena generated by interacting parts, all of whose causal connections are not easily discernible, [and] whose behaviour over time exhibits disorder and behaves unpredictably or chaotically.”

"Financial crises, pandemics, and cyber and other threats could overwhelm the ties that bind us. Deglobalization and slowing global growth would be the consequences. These would be disasters for the global economy, particularly for poor people, who are always the most vulnerable."

Reading it in Pr. Goldin's voice *_* I never get enough of his lectures and talk...