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Global Data Shock

Global Data Shock
Author: Robert Mandel
Publisher: Stanford University Press
Total Pages: 347
Release: 2019-04-09
Genre: Political Science
ISBN: 1503608972

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Intelligence and security communities have access to an overwhelming amount of information. More data is better in an information-hungry world, but too much data paralyzes individual and institutional abilities to process and use information effectively. Robert Mandel calls this phenomenon "global data shock." He investigates how information overload affects strategic ambiguity, deception, and surprise, as well as the larger consequences for international security. This book provides not only an accessible framework for understanding global data shock and its consequences, but also a strategy to prepare for and respond to information overload. Global Data Shock explores how information overload facilitates deception, eroding international trust and cooperation in the post-Cold War era. A sweeping array of case studies illustrates the role of data shock in shaping global events from the 1990 Iraqi attack on Kuwait to Brexit. When strategists try to use an overabundance of data to their advantage, Mandel reveals, it often results in unanticipated and undesirable consequences. Too much information can lead to foreign intelligence failures, security policy incoherence, mass public frustrations, curtailment of democratic freedoms, and even international political anarchy. Global Data Shock addresses the pressing need for improved management of information and its strategic deployment.


Safe Havens, Feedback Loops, and Shock Propagation in Global Asset Prices

Safe Havens, Feedback Loops, and Shock Propagation in Global Asset Prices
Author: Ms.Franziska Ohnsorge
Publisher: International Monetary Fund
Total Pages: 45
Release: 2014-05-09
Genre: Business & Economics
ISBN: 1484381890

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We create a network of bilateral correlations of changes in sovereign bond yields and individual bank equity price changes since 2000. We extract some stylized facts from this network of asset price correlations and document the clear differences in asset price correlations between safe havens and non-safe havens: safe havens, as commonly defined, have higher sovereign-sovereign, bank-bank, and bank-sovereign correlations than nonsafe havens. In a simple shock propagation model, we illustrate how these higher correlations may turn safe havens into shock propagators. While we discuss safe havens as a group, we document how the US is in a category of its own, differing significantly from the other countries including Switzerland or Japan. Separately, we find that feedback loops amplify shocks, and those emanating from bank stress more than those emanating from sovereign stress.


Reshaping Global Value Chains in Light of COVID-19

Reshaping Global Value Chains in Light of COVID-19
Author: Paul Brenton
Publisher: World Bank Publications
Total Pages: 217
Release: 2022-03-01
Genre: Business & Economics
ISBN: 1464818223

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Global value chains (GVCs) have driven dramatic expansions in trade, productivity, and economic growth in developing countries. This book examines the impact of the COVID-19 pandemic on GVCs and explores whether they can continue to be a driver of trade and development. The report reviews previous crises and what these tell us about the resilience of GVC firms to shocks. It examines the observed impact of COVID-19 on trade during the sharp global recession of 2020. It summarizes discussions with GVC firms on the impacts of, and their responses to, the COVID shock. GVCs showed surprising resilience, but the rapid recovery raised new issues with supply chains. The book then explores simulations from a global economic model of the potential longer-term impacts of COVID-19 on developing countries and other key factors shaping the global economy, including the evolving role of China, increasing trade restrictions and policy responses to global warming. The analysis shows that while there are risks associated with GVCs, especially those concentrated around key nodes and where opportunities to find alternative suppliers or buyers are limited, there are mechanisms by which GVCs maintain trade relationships during a crisis, paving the way for a strong trade-led recovery. Measures are identified that can enhance the resilience of GVCs in low-income countries. This report finds that policies that maintain and enhance trade can contribute toward crisis management and recovery. Attempts to reshore production would make all countries worse off, including those that implement them, and could drive 52 million people, mainly in Africa, into extreme poverty. Measures to meet climate change commitments will have more profound impacts, leading to a shift away from carbon-intensive GVCs, while new opportunities for trade will arise in GVCs that are less carbon intensive.


The Shock of the Global

The Shock of the Global
Author: Niall Ferguson
Publisher: Belknap Press
Total Pages: 449
Release: 2011
Genre: Business & Economics
ISBN: 0674061861

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This title examines the large-scale structural upheaval of the 1970s by transcending the standard frameworks of national borders and superpower relations. It reveals an international system in the throes of enduring transformations.


The Global Illusion of Citizen Protection

The Global Illusion of Citizen Protection
Author: Robert Mandel
Publisher: Rowman & Littlefield
Total Pages: 290
Release: 2018-07-11
Genre: Political Science
ISBN: 178660809X

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This book comprehensively analyzes the global illusion of citizen protection so common today.


Empty Planet

Empty Planet
Author: Darrell Bricker
Publisher: Signal
Total Pages: 246
Release: 2019-02-05
Genre: Social Science
ISBN: 0771050895

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From the authors of the bestselling The Big Shift, a provocative argument that the global population will soon begin to decline, dramatically reshaping the social, political, and economic landscape. For half a century, statisticians, pundits, and politicians have warned that a burgeoning planetary population will soon overwhelm the earth's resources. But a growing number of experts are sounding a different kind of alarm. Rather than growing exponentially, they argue, the global population is headed for a steep decline. Throughout history, depopulation was the product of catastrophe: ice ages, plagues, the collapse of civilizations. This time, however, we're thinning ourselves deliberately, by choosing to have fewer babies than we need to replace ourselves. In much of the developed and developing world, that decline is already underway, as urbanization, women's empowerment, and waning religiosity lead to smaller and smaller families. In Empty Planet, Ibbitson and Bricker travel from South Florida to Sao Paulo, Seoul to Nairobi, Brussels to Delhi to Beijing, drawing on a wealth of research and firsthand reporting to illustrate the dramatic consequences of this population decline--and to show us why the rest of the developing world will soon join in. They find that a smaller global population will bring with it a number of benefits: fewer workers will command higher wages; good jobs will prompt innovation; the environment will improve; the risk of famine will wane; and falling birthrates in the developing world will bring greater affluence and autonomy for women. But enormous disruption lies ahead, too. We can already see the effects in Europe and parts of Asia, as aging populations and worker shortages weaken the economy and impose crippling demands on healthcare and social security. The United States is well-positioned to successfully navigate these coming demographic shifts--that is, unless growing isolationism and anti-immigrant backlash lead us to close ourselves off just as openness becomes more critical to our survival than ever before. Rigorously researched and deeply compelling, Empty Planet offers a vision of a future that we can no longer prevent--but one that we can shape, if we choose.


Global Linkages and Economic Rebalancing in East Asia

Global Linkages and Economic Rebalancing in East Asia
Author: Shigeyuki Hamori
Publisher: World Scientific
Total Pages: 234
Release: 2013
Genre: Business & Economics
ISBN: 9814412856

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In the wake of the global financial crisis, leading industrialized countries have managed to show only a gradual recovery, while East Asian economies have surged ahead. In particular, China achieved growth in excess of 10% in 2010 and is expected to continue growing at a rapid pace. It appears that in the coming years, East Asia will play an even greater role as a growth center leading global economic expansion. Following the Asian currency crisis of 1997OCo98, consumption and investment in the region decreased considerably, and East Asian economies recovered on the strength of exports. Presently, however, amid a less-than-robust recovery in the US and Europe, the sustainability of East Asia''s reliance on export-led growth has been called into question. The region''s transition to growth based on a balance of foreign and domestic demand is important for both building a stronger foundation for sustainable growth and buttressing global economic expansion. Moreover, the rebalancing of demand in East Asia holds the key to rectifying global current account imbalances OCo the disadvantage of uneven international capital flows. This unique volume illuminates policy issues involved in the efforts to promote the rebalancing of demand in East Asia.


Shock to the System

Shock to the System
Author: Michael K. Miller
Publisher: Princeton University Press
Total Pages: 362
Release: 2021-07-20
Genre: Political Science
ISBN: 0691217017

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How violent events and autocratic parties trigger democratic change How do democracies emerge? Shock to the System presents a novel theory of democratization that focuses on how events like coups, wars, and elections disrupt autocratic regimes and trigger democratic change. Employing the broadest qualitative and quantitative analyses of democratization to date, Michael Miller demonstrates that more than nine in ten transitions since 1800 occur in one of two ways: countries democratize following a major violent shock or an established ruling party democratizes through elections and regains power within democracy. This framework fundamentally reorients theories on democratization by showing that violent upheavals and the preservation of autocrats in power—events typically viewed as antithetical to democracy—are in fact central to its foundation. Through in-depth examinations of 139 democratic transitions, Miller shows how democratization frequently follows both domestic shocks (coups, civil wars, and assassinations) and international shocks (defeat in war and withdrawal of an autocratic hegemon) due to autocratic insecurity and openings for opposition actors. He also shows how transitions guided by ruling parties spring from their electoral confidence in democracy. Both contexts limit the power autocrats sacrifice by accepting democratization, smoothing along the transition. Miller provides new insights into democratization’s predictors, the limited gains from events like the Arab Spring, the best routes to democratization for long-term stability, and the future of global democracy. Disputing commonly held ideas about violent events and their effects on democracy, Shock to the System offers new perspectives on how regimes are transformed.


The Shock of the Old

The Shock of the Old
Author: David Edgerton
Publisher: Oxford University Press
Total Pages: 290
Release: 2011-08-29
Genre: History
ISBN: 0199832617

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In this new history, David Edgerton invites us to rethink how technology is used. For instance, horses contributed more to Nazi conquests than the V2. In influence, IKEA founder Ingvar Kamprad matches Bill Gates. And corrugated iron is not dead yet.