Megathreats

Author: Nouriel Roubini
Publisher: Little, Brown
ISBN: 031628453X
Category : Business & Economics
Languages : en
Pages : 306

Book Description
"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.

Summary of Nouriel Roubini's Megathreats

Author: Milkyway Media
Publisher: Milkyway Media
ISBN:
Category : Study Aids
Languages : en
Pages : 31

Book Description
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.

Crisis Economics

Author: Nouriel Roubini
Publisher: Penguin
ISBN: 1101427426
Category : Business & Economics
Languages : en
Pages : 340

Book Description
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.

MEGA-CRISES

Author: Ira Helsloot
Publisher: Charles C Thomas Publisher
ISBN: 0398086834
Category : Business & Economics
Languages : en
Pages : 389

Book Description
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.

Navigating the Polycrisis

Author: Michael J. Albert
Publisher: MIT Press
ISBN: 0262378272
Category : Political Science
Languages : en
Pages : 311

Book Description
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.

Inequality, Economic Growth and Business Decision-Making

Author: Asis Kumar Banerjee
Publisher: Taylor & Francis
ISBN: 1040134947
Category : Business & Economics
Languages : en
Pages : 129

Book Description
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.

Challenges In The Conservation Of Biological Resources

Author: Daniel J. Decker
Publisher: Routledge
ISBN: 0429714793
Category : Political Science
Languages : en
Pages : 382

Book Description
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.

The Future of Scholarship on Race in Organizations

Author: Eden B. King
Publisher: IAP
ISBN: 1648028438
Category : Business & Economics
Languages : en
Pages : 298

Book Description
Since the term “workforce diversity” was first coined in the 1990s, the topic has received consistent and increasing attention by researchers. Over the last 30 years, a body of theory and research has amassed which recognizes diversity as an important work unit characteristic and explored its influence on organizational functioning and performance. Despite these advancements, the field is at a critical juncture where new ideas, emphases, theories, predictions and approaches are needed to propel our understanding of the meaning, import and functioning of diversity in organizations. Accordingly, this volume looks to the future of diversity work, both with regard to the content of the chapters and to the contributors. We endeavored to give a voice to emerging scholars who are the future of our field and can help to set a future research agenda to push our understanding of diversity in organizations. The scholars raise new and provocative questions about race in organizations that deliberate on the state of our science, our understanding of complex experiences of race, and a more nuanced view of race in terms of intersectionalities. Overall, each of these chapters provokes the status quo and, in so doing, offers a fresh perspective on the study of diversity in general and race and racism more specifically. We believe the end result is a more comprehensive exploration of the phenomenon and the development of an exciting future research agenda.

Diversity Resistance in Organizations

Author: Kecia M. Thomas
Publisher: Routledge
ISBN: 100004596X
Category : Psychology
Languages : en
Pages : 273

Book Description
This new volume revisits diversity resistance ten years later, examining the fluidity of diversity resistance in workplaces. Top-notch contributors provide insight about the motivations to resist diversity and inclusion as well as offer strategies for preventing and derailing diversity resistance and enhancing inclusion in organizations. The current edition broadens the conversation about diversity resistance by demonstrating methods of counter-resistance and how diversity resistance manifests in everyday lives, as well as how it presents itself and limits the careers and lives of various stigmatized groups. Chapters also consider why, despite the often expressed value for diversity and inclusion, diversity resistance continues to persist. Contributors demonstrate the persistence of diversity resistance across time, context, and for a variety of targets. For example, this volume addresses topics as well as marginalized groups not previously discussed in the first edition such as intersectionality, workers living with mental illness, gender identity, trans workers, and the systemic resistance experienced by gay couples. This volume will be of interest to scholars and practitioners as well as minoritized workers. It will function as a framework for understanding the continuum of exclusion, harassment and discrimination that occurs within organizational settings and the impact upon individual and organizational performance. Practitioners will find examples and cases for how diversity resistance manifests, but more importantly strategies and recommendations for derailing diversity resistance and enhancing inclusion.

Bailouts Or Bail-Ins?

Author: Nouriel Roubini
Publisher: Peterson Institute
ISBN: 9780881325300
Category : Business & Economics
Languages : en
Pages : 462

Book Description
The study calls for a two-track strategy: first, deep multilateral liberalization involving phased but complete elimination of industrial-county protection and deep reduction of protection by at least the middle-income developing countries, albeit on a more gradual schedule; and second, immediate free entry for imports from high risk low-income countries (heavily indebted poor countries, least developed countries, and sub-Saharan Africa), coupled with a 10-year tax holiday for direct investment in these countries.