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Global Crisis

Five Reasons Why the Sky Is Not Falling

Gareth Evans | Posted 07.27.2014 | World
Gareth Evans

BUDAPEST - When it comes to geopolitics, there is always a market for gloom. Business has been booming in this respect lately, with The Economist, Foreign Affairs, and many less exalted journals full of claims that the global order is crumbling, America's ability (and willingness) to save it is in terminal decline, and the prospect of avoiding major conflict in the decade ahead is illusory. Plenty of recent events -- along with the ghosts of 1914 and 1939 -- have boosted the reputations, royalties, and revenues of today's doomsayers. There is Russia's adventurism in Ukraine; China's territorial assertiveness -- and Japan's new push-back nationalism -- in East Asia; continuing catastrophe in Syria and disarray in the wider Middle East; the resurgence of atrocity crimes in South Sudan, Nigeria, and elsewhere in Africa; and anxiety about renewed communal strife in India after Hindu nationalist Narendra Modi's stunning election victory. But, though global political conditions are hardly as good as they could be -- they never are -- there are plenty of grounds for thinking that they are not nearly as bad as so many are claiming. Here are the five most important reasons not to lose as much sleep as some pundits say you should.

Rebound: Building a More Resilient World

Dr. Judith Rodin | Posted 01.23.2013 | World
Dr. Judith Rodin

Humans are not born resilient -- we learn, adapt, and improve upon our resilience. The same is true for organizations, systems, and societies. But what makes some people or organizations more resilient than others?

(R)evolution in Film: Patrea Patrick's American Empire: An Act of Collective Madness (PHOTOS)

Lisa Paul Streitfeld | Posted 12.19.2012 | Arts
Lisa Paul Streitfeld

It seems utterly remarkable, although it shouldn't be, given the global crisis of 2012. "American Empire: An Act of Collective Madness" sheds light...

The Lingering Global Crisis and the New Poor

Marcelo Giugale | Posted 04.29.2012 | World
Marcelo Giugale

The lingering global crisis is forcing us to rethink the objectives and the tools of social policy. Past meltdowns in Asia, Eastern Europe and Latin-America provide us with some good hints on what to expect and how to respond.

Seeking Stability in an Unstable World

Richard Attias | Posted 01.14.2012 | Business
Richard Attias

"In this connected world, we are all in the same boat. If part of the boat has a hole in it you cannot say afloat." The words of the chief executive of Hong Kong SAR, Donald Tsang, spoken at the APEC CEO Summit, could be said to embody the preoccupations of APEC as a whole.

Design For The Developing World

ARTINFO | Posted 12.26.2011 | Arts
ARTINFO

The thought of architecture and design in the context of cities typically evokes images of chic monuments amidst grand metropolises; the Chrysler Buil...

The Euro Crisis Is Serious but Not Lethal

Georges Ugeux | Posted 11.29.2011 | World
Georges Ugeux

The solution is in Europe, not in Washington or Beijing. Europe cannot continue to act irresponsibly and must assume its responsibilities to avoid a global crisis.

What I Learnt in Rio: Discussing Ways to Manage Capital Flows

Olivier Blanchard | Posted 08.03.2011 | Business
Olivier Blanchard

Governments have five tools to adjust to capital flows: monetary policy, fiscal policy, foreign exchange intervention, prudential tools, and capital controls. The challenge is to find, for each case, the right combination.

The International Community Must Intervene -- in Japan

Jacques Attali | Posted 05.30.2011 | World
Jacques Attali

Like the American financial institutions that spawned the subprime mortgage crisis, Japan's nuclear crisis is largely the result of forsaking prudence for profits.

2011: The Year of Living Dangerously?

Robert Walker | Posted 05.25.2011 | World
Robert Walker

Every year is fraught with unpredictable hazards, but, more than any year in recent memory, 2011 features a large number of recognizable threats that could precipitate a larger global crisis.

Macro-Prudential Policies: Putting the 'Big Picture' into Financial Sector Regulation

John Lipsky | Posted 05.25.2011 | Business
John Lipsky

The devastating impact of the global financial crisis created a consensus that pre-crisis financial regulation didn't take the "big picture" of the sy...

G-20 Thugs Attack Financial Injustice

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

I'm not condoning street violence but it will be helpful if political leaders understand that economic ruination by others is also a violent act.

World Social Forum: Financial Crisis Is Opportunity For "Another World"

Inter Press Service | Mario Osava | Posted 05.25.2011 | World

A World Social Forum (WSF) revitalised by a global crisis that has awakened new interest in the proposition that "another world is possible" - now per...

As Well As Can Be Expected

David Horton | Posted 11.17.2011 | Healthy Living
David Horton

On New Years Day, we think that we have got rid of all the things that made 2008 a bad year, and 2009, just like a new born baby, has endless potential for good, for refreshing the human spirit.

America: Get Your Financial Act Together

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

It would be as irrational to allow the Ayatollahs to build bombs as it would be to allow Wall Streeters to run amok again building their weapons of financial mass destruction.

World Needs Global Financial and Securities Bodies

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

The world economy nearly failed and a global effort by governments and central banks has pulled the system back from the proverbial brink. That's why only a global solution going forward will save the day.

America's Blown it, Bring in a Global System

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

The world is very nervous because America's political rigamordis means that 25% of the global GDP cannot be repaired or even managed.