How globalization creates systemic risks and what to do about it ian goldins book the butterfly defect co authored with mike mariathasan was published by princeton university press in may 2014 global hyperconnectivity and increased system integration have led to vast benefits including worldwide growth in incomes education innovation and technology. We live at an important juncture in the history of globalization ten or 15 years ago we were nearly bored of the globalization debate with the term used to de we use cookies to enhance your experience on our websiteby continuing to use our website you are agreeing to our use of cookies. The butterfly defect how globalization creates systemic risks and what to do about it 10th november 2014 in videos by tom king globalisation has brought us vast benefits including growth in incomes education innovation and connectivity professor ian goldin director of the oxford martin school argues that it also has the potential to . The butterfly defect addresses the widening gap between the new systemic risks generated by globalization and their effective management it shows how the dynamics of turbo charged globalization has the potential and power to destabilize our societies drawing on the latest insights from a wide variety of disciplines ian goldin and mike . The butterfly defect how globalization creates systemic risks and what to do about it ian goldin mike mariathasan global hyperconnectivity and increased system integration have led to vast benefits including worldwide growth in incomes education innovation and technology