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    Globalisasi Dan Krisis

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    eatidn
    The document discusses several paradoxes and challenges of globalization, including financial instability, economic imbalances, growing inequalities, and threats to democracy and state sovereignty. It explores different perspectives on whether globalization undermines our ability to manage risks and crises, noting theories that periods of irrational exuberance and panic can lead to economic crashes. The conclusion examines possible responses such as political evolution, reinventing institutions, designing domestic policies, and democratizing global governance to better manage the disruptions of globalization.

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    Globalisasi Dan Krisis

    Uploaded by

    eatidn
    17 views7 pages
    The document discusses several paradoxes and challenges of globalization, including financial instability, economic imbalances, growing inequalities, and threats to democracy and state sovereignty. It explores different perspectives on whether globalization undermines our ability to manage risks and crises, noting theories that periods of irrational exuberance and panic can lead to economic crashes. The conclusion examines possible responses such as political evolution, reinventing institutions, designing domestic policies, and democratizing global governance to better manage the disruptions of globalization.

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    Globalisasi dan Krisis

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    The document discusses several paradoxes and challenges of globalization, including financial instability, economic imbalances, growing inequalities, and threats to democracy and state sovereignty. It explores different perspectives on whether globalization undermines our ability to manage risks and crises, noting theories that periods of irrational exuberance and panic can lead to economic crashes. The conclusion examines possible responses such as political evolution, reinventing institutions, designing domestic policies, and democratizing global governance to better manage the disruptions of globalization.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    17 views7 pages

    Globalisasi Dan Krisis

    Uploaded by

    eatidn
    The document discusses several paradoxes and challenges of globalization, including financial instability, economic imbalances, growing inequalities, and threats to democracy and state sovereignty. It explores different perspectives on whether globalization undermines our ability to manage risks and crises, noting theories that periods of irrational exuberance and panic can lead to economic crashes. The conclusion examines possible responses such as political evolution, reinventing institutions, designing domestic policies, and democratizing global governance to better manage the disruptions of globalization.

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    © All Rights Reserved
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    of 7

    Globalization and

    Economic Crisis
    Paradox of Globalization

    benefit Risk

    financial instability
    growing wealth
    economic imbalances,
    spreading technology
    environmental stresses,
    the rise of billions people
    growing inequalities,
    in the developing world
    cyber penetration

    Is globalization undermining our ability to


    manage it? (Pascal Lamy-WTO)
    Globalization=Global
    Capitalism?
    Incredible Progress
    Market
    Schumpeter
    Capitalism
    Enormous Disruption
    Creative Destruction

    massive
    production seeds of its
    own
    Karl Marx Capitalism
    economic & social destruction
    disturbance
    Globalization = Threat to
    Democracy?
    Dani Rodrik
    Globalization

    Incompatibility

    Democracy State Sovereignty


    WHY CRISIS?
    IRRATIONALITY
    CHARLES
    KINDLEBERGER

    MANIA PANIC CRASH

    BUT YOU CAN


    NO ONE WILL
    STILL PREDICT
    KNOW FOR SURE.
    IT. IT’S A
    BUT WHEN? IT’S A BLACK
    WHITE SWAN
    SWAN (NASSIM
    (NOURIEL
    THALEB)
    ROUBINI)
    Never Ending Crisis
    the collapse of the ERM
    in 1990
    Peso crisis 1995
    Asian Crisis in 1997 Are we going to be in
    the russian crisis in 1998, de-globalization era?
    US and European
    Financial Crisis 2007
    Some of the Answer
    re-invented in
    Political Evolution re-embedding
    the social and
    (Karl Polanyi) market
    political order

    Reinventing international
    institutions

    Designing domestic policies to


    face globalization
    Pascal Lamy
    Democratising Global Governance

    Change our way of thinking

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