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\nMaking Sense of Globalization in the 21st Century\n

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\n\nPublisher:\n\nInstitute for New Economic Thinking\n\n\n
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\nIt’s futile and dangerous to use 19th or 20th century glasses to look at 21st century problems, says Andrew Sheng, Distinguished Fellow of the Asia Global Institute at the University of Hong Kong. To understand climate change, social...\nIt’s futile and dangerous to use 19th or 20th century glasses to look at 21st century problems, says Andrew Sheng, Distinguished Fellow of the Asia Global Institute at the University of Hong Kong. To understand climate change, social inequality, and technological disruption, we have to dispense with the old ways to think about globalization.

In a complex world, we’ll experience more “black swans”, and the things that standard economic models assumed away will matter much more. Simplistic concepts can no longer be used to explain the interaction of human beings in a much more complex world.
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Resource Details

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Educator Rating
Not yet Rated
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Media Length
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13:54
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Grade
Higher Ed
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Subjects
Science
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Media Type
Instructional Videos
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Source:
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\nNew Economic Thinking\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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climate change, water, globalization, trade
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Additional Tags

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wmcb, net6, matthew kulvicki, andrew sheng, inet, new economic thinking, institute for new economic thinking, emerging markets, poor countries, human beings, rich countries, advanced countries, fall back, good side, human, model, people, inequality, back, good, wrong, issues, development, beginning, recognize, downsides, framework, world, access, strategy, open, means
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Classroom Considerations

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