The Global System
The Global System
Why are there so many crises in the world? Is it true that the global system is today riskier and more dangerous than in past decades? Do we have any tools at our disposal to bring these problems under control, to reduce the global system’s proneness to instability? These are the tantalizing questions addressed in this book from the perspective of the complexity and coupling of the global system. The chapter describes the different components of the global system, from the nodes to the network and the overall system, specifying which components and dynamics among them are shock-diffusing and which are shock-absorbing.
Keywords: crisis, shocks, global system, complexity, coupling
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