The Calm Before the Storm
Why Volatility Signals Stability and Vice Versa
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Narrated by:
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Kevin Stillwell
Summary
Instead of trying to predict "Black Swan" events such as coups or crises, forecasters should look at how political systems handle disorder. The best indicator of a country's future trajectory is not a lengthy past stability, but recent moderate volatility.
©2015 Foreign Affairs (P)2015 Audible, Inc.
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Good short story
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Interesting little essay
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This audio essay explores the structural ingredients of national stability - economic viability, religious variability, decentralised governance, and tolerance for dissenting views. It argues that fragility emerges when a country is over-leveraged, economically mono-dimensional, or socially intolerant, and brews slowly through systemic imbalances etc. The narrative draws from a wide range of examples: Greece, Egypt, Turkey, Saudi Arabia, Lebanon, Syria, Russia, China, Japan, India, France, Italy, and more. An engaging listen for anyone interested in the patterns beneath political volatility.
Short, insightful, and packed with perspective
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Interesting & thought provoking
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Wow, Great Help
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