From the Covid-19 pandemic to energy crises and maritime blockades, global shocks reveal a shared brittleness. By privileging one economic model and neglecting its alternatives, states have reduced their ability to withstand shocks. Idriss Hadj Nacer ...
This article by the economist Idriss Hadj Nacer does not foretell collapse. It explores what a shock at Hormuz might lay bare: that globalization still rests on straits, pipelines, mines, fertilizers, insurance markets, and roads. When ...
