Future Global Shocks: Improving Risk Governance
OECD Reviews of Risk Management Policies
OECD | Aug 2011 | ISBN: 9264095209 9789264095205 9789264114586 | 142 pages | PDF | 6 MB

This report considers how the growing interconnectedness in the global economy could create the conditions and vectors for rapid and widespread disruptions. It looks at examples of hazards and threats that emerge from the financial world, cyberspace, biological systems and even the solar system, to reflect on what strategic capacities are called for to improve assessment, mapping, modelling, response and resilience to such large scale risks.
Recent global shocks, such as the 2008 financial crisis, have driven policy makers and industry strategists to re-examine how to prepare for and respond to events that can begin locally and propagate around the world with devastating effects on society and the economy.