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A new piece from me that applies ideas from complexity theory to the cascading health, economic & social effects of #COVID19.
I think we need to think about economic globalisation as involving great benefits but also creating systemic risks that we need to better address
I think we need to think about economic globalisation as involving great benefits but also creating systemic risks that we need to better address
This piece works really nicely with the work by @ANewman_forward and @choermoraes about the vulnerabilities that the coronavirus has shown about our deeply interdependent supply chains and "just-in-time" approaches to manufacturing.
foreignaffairs.com/articles/2020-…
foreignaffairs.com/articles/2020-…
It also links to @geoffreygertz's great work on the unexpected vulnerabilities of supply chains and the possibility for even small disruptions to have large and unexpected effects, but also pointing the way to future risk mapping and creative adaptation.
brookings.edu/blog/future-de…
brookings.edu/blog/future-de…
