The butterfly defect focuses on the systemic risks being generated by globalisation these threaten to unravel the progress made to date and lead to the rejection of integration and globalisation rising protectionism zenophobia nationalism and other symptoms of the desire to reduce interdependence are manifestations of the concerns that citizens and politicians have that globalisation is not working and that the risks associated with integration outweigh the benefits the book identifies . 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 mariathasan provide practical guidance for how governments businesses and individuals can better manage globalization and risk. 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 mariathasan provide practical guidance for how . The butterfly defect how globalization creates systemic risks and what to do about it ian goldin and mike mariathasan princeton princeton university press 2014 isbn 978 0 691 15470 1 320 pp 8 chapters gbp2495 hardcover dariusz wojcik dariusz wojcik oxford university search for other works by this author on oxford academic google scholar journal of economic geography volume . 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