Megathreats

Download or read book Megathreats written by Nouriel Roubini and published by Little, Brown. This book was released on 2022-10-18 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Read and pay attention" (Martin Wolf, the Financial Times): the bestselling author of Crisis Economics argues we are heading toward the worst economic catastrophe of our lifetimes, unless we can defend against ten terrifying threats. Renowned economist Nouriel Roubini was nicknamed “Dr. Doom,” until his prediction of the 2008 housing crisis and Great Recession came true--when it was too late. Now he is back with a much scarier prediction, one that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious, he calls them Megathreats. From the worst debt crisis the world has ever seen, to governments pumping out too much money, to borders that are blocked to workers and to many shipments of goods, to the rise of a new superpower competition between China and the U.S., to climate change that strikes directly at our most populated cities, we are facing not one, not two, but ten causes of disaster. There is a slight chance we can avoid them, if we come to our senses—but we must act now. In the 1970s, the U.S. faced stagflation: high rates of inflation combined with stagnant employment and growth. Today, we are heading toward a Great Stagflation that will make the 1970s look like a walk in the park.

Download or read book Summary of Nouriel Roubini's Megathreats written by Milkyway Media and published by Milkyway Media. This book was released on 2023-04-09 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Buy now to get the main key ideas from Nouriel Roubini's Megathreats In Megathreats (2022), economist Nouriel Roubini argues that humanity is speeding toward its worst financial crisis ever. The world is threatened by interconnected economic, technological, environmental, political, and demographic dangers, which he calls megathreats. If we cannot work together to tackle them with utter urgency, a dystopian society will emerge within the next few decades.

Download or read book Crisis Economics written by Nouriel Roubini and published by Penguin. This book was released on 2010-05-11 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help us make sense of the present and prepare for the future. Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-­a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse. Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of "irrational exuberance," pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants—explain how the world's economy can get out of the mess we're in, and stay out. In Roubini's shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, Crisis Economics proves calamities to be not only predictable but also preventable and, with the right medicine, curable.

Download or read book MEGA-CRISES written by Ira Helsloot and published by Charles C Thomas Publisher. This book was released on 2012-08-01 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: We live in turbulent times with continents and nations facing ever-heightening risks such as natural disasters, intense and protracted conflicts, terrorism, corporate crises, cyber threats to infrastructures and mega-events. We are witnessing the rise of mega-crises and a new class of adversity with many unknowns. The prospect of mega-crises presents professionals and students in the field of crisis management with four major tasks. First, they should engage in “deep thinking” about the causes of the increasing occurrence of mega-crises. Second, they should identify and work through the dominant trends which complicate contemporary crisis management. Third, they should upgrade institutional crisis management capacity. Fourth, they should improve societal resilience since no institutional complex can mitigate or manage these mega-crisis on its own. This book is divided into four primary parts, each of which looks at one facet of mega-crises. Part I focuses on the concept of a mega-crisis and mega-crisis management; Part II examines crisis management of mega-natural disasters; Part III evaluates crisis management of man-made mega-crises; and Part IV identifies mega-threats and vulnerabilities. Additional major topics include Hurricane Katrina; Hurricane Gustav; the London Bombings; the Mumbai Terrorist Attacks of July 7, 2005; corporate meltdowns; the subprime crisis; the Olympic Games; electricity grids; global climate change; the Dutch Delta; risks to food security; and mega-crises and the Internet. This comprehensive text will provide practitioners and academics with the results of an across-the-board research effort in the prospects, nature, characteristics, and the effects of mega-crises.

Download or read book Navigating the Polycrisis written by Michael J. Albert and published by MIT Press. This book was released on 2024-04-23 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative work of realism and utopianism that analyzes the possible futures of the world-system and helps us imagine how we might transition beyond capitalism. The world-system of which we are all a part faces multiple calamities: climate change and mass extinction, the economic and existential threat of AI, the chilling rise of far-right populism, and the invasion of Ukraine, to name only a few. In Navigating the Polycrisis, Michael Albert seeks to illuminate how the “planetary polycrisis” will disrupt the global community in the coming decades and how we can best meet these challenges. Albert argues that we must devote more attention to the study of possible futures and adopt transdisciplinary approaches to do so. To provide a new form of critical futures analysis, he offers a theoretical framework—planetary systems thinking—that is informed by complexity theory, world-systems theory, and ecological Marxism. Navigating the Polycrisis builds on existing work on climate futures and the futures of capitalism and makes three main contributions. First, the book brings together modeling projections with critical social theory in a more systematic way than has been done so far. Second, the book shows that in order to grasp the complexity of the planetary polycrisis, we must analyze the convergence of crises encompassing the climate emergency, the structural crisis of global capitalism, net energy decline, food system disruption, pandemic risk, far-right populism, and emerging technological risks (e.g. in the domains of artificial intelligence, biotechnology, and nuclear weapons). And third, the book contributes to existing work on postcapitalist futures by analyzing the processes and mechanisms through which egalitarian transitions beyond capitalism might occur. A much-needed work of global futures studies, Navigating the Polycrisis brings together the rigor of the natural and social sciences and speculative imagination informed by science fiction to forge pathways to our possible global future.

Download or read book Inequality, Economic Growth and Business Decision-Making written by Asis Kumar Banerjee and published by Taylor & Francis. This book was released on 2024-08-05 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is now widely recognised that rising inequality of income and wealth on the one hand and a slowdown in the rate of economic growth on the other are two of the most important challenges faced today by the global economy as well as by most of the developing economies. This book starts by explaining how these two issues are interrelated. There is no dearth of books on the role that the economic policies of the government can play in meeting these twin challenges. The role of business managers in the private sector of the economy, however, is a relatively neglected area. This book seeks to close this gap in the literature. The central message of the book is that, contrary to popular belief, it is in the interests of private business itself that business managers take into account the effects that their decisions have on the economy as a whole. It is shown that a failure to do so would hurt their own economic prospects in both the short run and the long. Emphasis is given on the importance of an appropriate orientation of managerial decisions and on the role of investors (i.e. the suppliers of capital) in inducing managers to take socially optimal decisions. The book is addressed as much to business managers and students in management courses as to the general reader. Therefore, no prior knowledge of advanced economic theory is presumed. All arguments are built from first principles.

Download or read book Challenges In The Conservation Of Biological Resources written by Daniel J. Decker and published by Routledge. This book was released on 2019-03-07 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an understanding of the many biological and sociopolitical considerations involved in the conservation of biological resources. It is intended to provide practical advice on procedures that can be used by professional resource managers who work at local and regional levels.