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Emerging world senarii triggered by the global financial crisis
Journal article   Open access

Emerging world senarii triggered by the global financial crisis

Sohail Inayatullah
World Affairs, Vol.14(3), pp.50-69
2010
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Abstract

Political Science causal layered analysis global financial crisis
Using causal layered analysis, Sohail Inayatullah explores the underlying stories of the global financial crisis (GFC). The six narratives presented are the GFC as a mortgage crisis, a global banking crisis, creative destruction as part of natural cycles, a geopolitical shift, a symptom of the inequity of capitalism and a window of opportunity to a different, greener world. The essay concludes with five scenarii of the future of the world system-business as usual, the rise of "Chindia", the quick and long road to sustainability, the end game of capitalism and a new era

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