Globalisation tidal wave creates new risk pathways

Globalisation over the past two decades has surged like a tidal wave. Whilst it has made the majority of us healthier, wealthier and wiser about our planet, the financial crisis has shown it also leaves society exposed to systemic risks that, if the wave breaks, require international co-operation to predict and prevent rather than react and solve.

Over the past 20 years, as national barriers to the flow of goods, capital and people have broken down, the world has become increasingly interconnected. The removal of these barriers has helped businesses to expand and economies to grow, but has also created pathways across borders for new risks...

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