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The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practical guidance for how governments, businesses, and individuals can better manage globalization and risk.Goldin and Mariathasan demonstrate that systemic risk issues are now endemic everywhere-in supply chains, pandemics, infrastructure, ecology and climate change, economics, and politics. Unless we address these concerns, they will lead to greater protectionism, xenophobia, nationalism, and, inevitably, deglobalization, rising inequality, conflict, and slower growth.The Butterfly Defect shows that mitigating uncertainty and risk in an interconnected world is an essential task for our future.

Globalization. --- Crisis management. --- Risk management. --- Contagion. --- Glass-Steagall Act. --- H5N1. --- HIV/AIDS. --- Hurricane Sandy. --- Katrina. --- SARS. --- Spanish flu. --- West Nile Virus. --- air transportation connectivity. --- bird flu. --- blackouts. --- butterfly effect. --- cascades. --- cholera. --- climate change. --- computer viruses. --- cyber attacks. --- disease control. --- earthquakes. --- ecological risks. --- economic crises. --- economic meltdown. --- financial crisis. --- global catastrophe. --- global connectivity. --- global infrastructure. --- global virus. --- globalism. --- great recession. --- greenhouse gas emissions. --- housing bubbles. --- hurricanes. --- infectious disease. --- influenza. --- infrastucture. --- isolationism. --- nationalism. --- natural disasters. --- network effects. --- pandemic management. --- pandemic. --- protectionism. --- quarantines. --- recession. --- risk management. --- super spreaders. --- supply bottleneck. --- supply chains. --- swine flu. --- systemic collapse. --- systemic shocks. --- terrorism. --- tsunamis. --- volcanic eruptions.