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2023 | OriginalPaper | Chapter

9. Networks and Interconnections in an Era of Trending Divergence

Author : Anna-Maria Kanzola

Published in: Interconnections in the Greek Economy

Publisher: Springer International Publishing

Abstract

Nowadays, economies and societies are experiencing greater connectivity, which results in positive and negative implications for economic constructs as well as higher complexity in terms of network formation. In a world where everything is connected, economic and social shocks spread faster than ever and have severe consequences that are more challenging to mitigate, especially when discussing networks with countries as agents. The present chapter analyzes these topics through the lens of three pillars. First, there is a critical discussion of the emerging positive effects and challenges of an interconnected world at individual, social, and economic levels. Second, the analysis focuses on the role of networks in the prediction of the future and provides insights for the future of world cooperation under specific circumstances. Lastly, the reasoning is concentrated on the role of human and creative capital in mitigating divergence tendencies, concluding this chapter.

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Footnotes
1
For instance, networks are classified as one-way or two-way depending on the service they provide and the way they allow for interaction (Economides & White, 1998).
 
2
This assumption is relevant for the remainder of the analysis, where the discussion regards the recent turn of countries towards autarky and self-sufficiency.
 
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Metadata
Title
Networks and Interconnections in an Era of Trending Divergence
Author
Anna-Maria Kanzola
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-31335-6_9

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