The Architecture of Collapse: The Global System in the 21st Century by Mauro F. Guillen

The Architecture of Collapse: The Global System in the 21st Century

byMauro F. Guillen

Hardcover | November 22, 2015

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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. Using a variety of demographic, economic, financial, social, and political indicators, the book demonstrates that the global system has indeed become an "architecture of collapse" subject to a variety of shocks. An analysis of the globalfinancial crisis of 2008, the bilateral relationship between the U.S. and China, and the European sovereign debt crisis illustrates how the complexity and tight coupling of system components creates a situation of precarious stability and periodic disruption. This state of affairs can only be improved by enhancing the shock-absorbing components of the system, especially the capacity of states and governments to act, and by containing the shock-diffusing mechanisms. In particular, those related to phenomena such as trade imbalances, portfolio investment,cross-border banking, population ageing, and income and wealth inequality.

About The Author

Mauro F. Guillen is the Zandman Professor of International Management at the Wharton School, and Director of the Lauder Institute, University of Pennsylvania. His research has to do with globalization and its impact on patterns of organization and on the diffusion of innovations. He is the author of a dozen books and over 40 scholarly ...

Details & Specs

Title:The Architecture of Collapse: The Global System in the 21st CenturyFormat:HardcoverDimensions:240 pages, 9.21 × 6.14 × 0.83 inPublished:November 22, 2015Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199683603

ISBN - 13:9780199683604

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Table of Contents

Preface1. The Global System2. Complexity3. Coupling4. Complexity, Coupling, and the Great Recession5. The U.S./China Relationship6. The Euro Zone as a Complex, Tightly-Coupled System7. The Future of the Global System