The upheavals of recent decades show us that traditional models of understanding processes of social and economic change are failing to capture real-world risk and volatility. This has resulted in flawed policy that seeks to capture change in terms of the rise or decline of regimes or regions....

Contents -- Preface and Acknowledgments -- 1 Post-Globalization: Complexity in the Governance of a Networked Global Society -- 2 Opening the Doors of Complexity -- 3 Economic Incentives and the Replication of Social Complexity -- 4 Coevolution versus Liberal Internationalism -- 5 Promises and...

The contributors – top international scholars from finance, law and business – explore the role of governance, both internal and external, in explaining risk-taking and other aspects of the behavior of financial institutions. Additionally, they discuss market and policy features...