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 Mariathasa "The book offers a cogent analysis and makes a compelling case that systemic risks are real and, more importantly, that they are real in just about every dimension of the globalised world. . . . An invaluable contribution to the globalisation debate."---Ying Xu, Economic Record