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Posted on: March 2nd, 2018 by RaduC No Comments

The common denominator of the current polycrisis

03-03-2023 10:51 am

A new term is now popular to describe the complex context in which we find ourselves: polycrisis. Well-known economist Larry Summers, former US Treasury Secretary and President of Harvard University, in a Financial Times interview attributed the term to Adam Tooze, an English historian and professor at Columbia University. The term polycrisis aims to capture a unique combination of developments occurring simultaneously and mutually reinforcing. After all, the world has experienced such developments before: geopolitical tensions, wars, economic crises, inflationary spikes, political instability. But here they are now, all present together, at risk of shaking the world’s economic and geopolitical order. Faced with such a serious, yet exceptional situation, the question is: where did it all start? What were the causes that brought us here? And my answer, perhaps paradoxically, is that

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The common denominator of the current polycrisis

03-03-2023 10:51 am

A new term is now popular to describe the complex context in which we find

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How “naked” are the big debtors?

02-04-2023 5:30 pm

The process of quantitative tightening that the major central banks are currently

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A turning point for world demography seen from two angles

01-21-2023 9:55 pm

2022 was a truly historic moment for the demographic evolution of the world’s

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