Media Coverage Mar 2014
The ‘butterfly defect’ at the heart of globalisation
Article written by Professor Ian Goldin, Director, Oxford Martin School and author of "The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do About It”
Globalisation brings immense benefits. As barriers to the movement of goods, services and capital have been lowered, many emerging economies have seen extraordinary improvements in living standards and incomes.