Interconnectivity: the new structure of the world economy | Min Zhu | TED Institute
The 2008 global financial crisis left the world reeling - markets went under, millions of jobs were lost and economic security was deeply compromised - all within the space of a few months. IMF economist Min Zhu lays out how global economies are intricately connected, and how a bankruptcy in one country can cause lasting damage worldwide. Understanding these complex relationships - and implementing protective systems to guard against similar meltdowns in the future - he urges, is imperative if we’re to protect against the increased volatility of our hyperglobal era.
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