BRICS in 2025

by Tim Sahay and Kate Mackenzie in Phenomenal World…There are now two competing global models of energy and influence: one based on fossil fuels, one on green technologies and a new model of sustainable development. China’s technology is finding new markets around the world because lots of people want it. But there is so far no real wraparound support of finance, trade, and tech transfer—as no new international order of sustainable governance has yet been built. The critical question of the future of BRICS lies with its member countries’ willingness and ability to effect broader collaboration in the fields of technology, trade, and finance. A quarter of the way to the twenty-second century, everything is up for grabs.

The business of betting on catastrophe

by Susan Erikson in MIT Press…
World Bank pandemic bonds paid out only after death tolls passed a threshold. They’re part of a booming market where investors turn calamity into capital.

Thinking long-term about infrastructure

by School of International Futures…75 years is a long enough period of time for the world to change in ways that are unanticipated. For this reason, scenarios that take a longer term view should have within them elements that are genuinely discomfiting.

The business of betting on catastrophe

by Susan Erikson in MIT Press…World Bank pandemic bonds paid out only after death tolls passed a threshold. They’re part of a booming market where investors turn calamity into capital.

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