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The Butterfly Defect:
How Globalization Creates Systemic Risks, and What to Do about It
Ian Goldin & Mike Mariathasan

Book Description | Table of Contents
Introduction [in PDF format]


"A vital and timely book, The Butterfly Defect is the first to show why systemic risk threatens us all and how it can be managed. It is a must-read for anyone concerned about our rapidly integrating peoples and businesses, and the future of our hyperconnected world."--Pascal Lamy, former director-general of the WTO

"This fascinating and useful book provides interesting examples and connections across a range of fields and areas of study."--Danny Quah, London School of Economics and Political Science

"This interdisciplinary and far-reaching book brings together diverse research to highlight the increase in systemic risk that accompanies the interconnectedness associated with globalization. No other book has summarized these issues for the general public, and The Butterfly Defect will benefit a broad audience."--David Colander, Middlebury College

"Filled with striking examples, this ambitious book offers a new perspective on globalization--in particular, the need for policy responses that recognize the challenges presented by the globalization of many domains, from health to finance. The message about the need for coordination to overcome systemic problems will strike a chord with readers."--Diane Coyle, author of The Soulful Science: What Economists Really Do and Why It Matters

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File created: 12/18/2014

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