Center for Governance and Sustainability

at the University of Massachusetts Boston

Historic Error to Revert to Complacency

pg. 11: Now that the tide appears to have turned in the global economic crisis, governments, companies and other civil society institutions should engage in an effort to absorb the larger meaning of the changes that have transformed the international community during the past generation and rendered much of its cooperative architecture not fully fit for the purpose of addressing risks that are accumulating in many domains. 

 

Readers' Guide Comment on “much of its cooperative architecture not fully fit for the purpose of addressing risks that are accumulating in many domains”

The assessment of the risks that are accumulating in many domains continues in the university community, in the media, in international civil society, and in the corporate sector. This assessment of the disconnect between the current largely post-WWII system and globalization and the ecological, social, and financial risks that are un- and under-managed internationally can provide a more secure factual basis for the democratization of international governance.

pg. 7: The international community has paid a severe price for its complacency about systemic financial and macroeconomic risks that were well publicized but nevertheless allowed to accumulate for too long. Other serious global risks are accumulating, awaiting a proactive cooperative response. It would be a serious, historic error to revert to complacency and return to business as usual in international relations

 

Readers' Guide Comment on “It would be a serious, historic error to revert to complacency and return to business as usual in international relations”

Amen. Postponing a restructuring of international relations only makes the task more difficult and more likely that the next structural crisis will happen sooner.


Related Ideas: dysfunctional governance today; urgency for change; prognosis for change; Readers Guide: Concluding Observations


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