A Violent World: Modern Threats to Economic Stability by Jean-Hervé Lorenzi, Mickaël Berrebi

By Jean-Hervé Lorenzi, Mickaël Berrebi

During the Nineteen Nineties Francis Fukuyama introduced the top of background. The 2000s confirmed the way it is an phantasm to visualize a calm international with no conflict.

In this ebook the authors discover how six significant constraints are set to mend the trajectory of the worldwide economic climate. 3 of them are new: the getting older inhabitants, the failure of technical growth, and the shortage of rate reductions. the opposite 3 were at paintings for it slow: the explosion of inequality, the mass move of actions from one finish of the area to the opposite, and the unlimited financialization of economic climate. They recommend that like seismic job which is dependent upon strain among tectonic plates, the political and social tensions may be exacerbated within the coming years via those significant forces. They suggest that experts can be incapable of forestalling neither the date nor the depth of the arriving earthquakes, and ask the query: can we focus on those destiny shocks and the violence they're certain to reason?

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These purchases or leases of arable land are continuing relentlessly, mainly for reasons of food security. Whether considering energy, water or arable land, it has to be acknowledged that the conditions for the production of these resources are very uncertain. All the major resources appear to be potentially available but produced or used under conditions that are either deteriorating or are making hardly any progress. For each, one can only envisage salvation through ‘disruptive technologies’.

Poverty and water-related stress often go together. S. dollars a day more or less corresponds to the number of people who have no access to drinking water. 8 billion human beings who live on less than two dollars a day have no access to decent sanitation. Remember, there is no aqueous stock exchange, there is no speculation on a litre of water in Singapore, in Wall Street or in the City of London. In a world in which everything has become a marketable commodity, the vital importance of water is forgotten, as it has no price and suffers from every type of neglect, including economic.

In their case, there is a triple impact based on the cost of ageing, the increase in risk aversion and the lack of innovation. The first impact depends upon expenditure on health and retirement. It might be claimed that an extension of the life span ought to translate into greater investment in human capital. 14 This implies, for each age group, releasing the resources devoted to education, a solution that ultimately reveals itself as being fairly simple if the rest of public expenditure were not being called upon to increase as well.

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