This is the text of an article in the Washington Post by Dominic Basulto about last week’s events in the financial markets. Great stuff. When news first broke Thursday that JPMorgan’s credit derivatives portfolio had sustained a loss of $2 billion, and potentially as much as $5 billion, on trades gone awry, there was an [...]
Archive for the ‘Institutions’ Category
JP Morgan and the Price of Complexity
Posted in Accountability, Biology, Chaos, Economics, Evolution, Financial crisis, Innovation, Institutions, Knowledge and learning, Leadership, Networks, Organisations, Self organisation, Strategy, Technology, Trade on May 15, 2012 | Leave a Comment »
Taming fragility?
Posted in Conflict and peace building, Evolution, Influence, Innovation, Institutions, Knowledge and learning, Leadership, Networks, Strategy on March 12, 2012 | 6 Comments »
This is a guest post by Frauke de Weijer (pictured), policy and fragile states specialist at the excellent ECDPM think tank. In a previous post on this blog, Ben explored the potential of complex systems research for thinking about statebuilding and fragility. In this guest post, I would like to take this discussion one step [...]
South Africa’s democracy: Complexity theory in action
Posted in Accountability, Economics, Evolution, Innovation, Institutions, Leadership, Public Policy, Resilience, Strategy on December 16, 2011 | 4 Comments »
Dr Brian Levy is a Public Sector Governance Advisor at the World Bank, andused to head up the unit responsible implementing the Bank’s governance and anti-corruption strategy. In this guest post, cross-posted from here, he explores the relevance of complexity theory insights for South Africa. A fascinating read. The edge of chaos is the balance [...]
New Scientist Briefing: Can ecosystems show how to fix the euro?
Posted in Biology, Economics, Financial crisis, Innovation, Institutions, Knowledge and learning, Networks, Public Policy, Technology, Trade on November 10, 2011 | 5 Comments »
The eurozone, like the rest of the world economy, is a complex networked system. That gives it properties economists rarely consider but which could help us understand the current crisis. This New Scientist ‘Science in Society’ Briefing examines the issues. What is a complex network? Complex networks have many interconnected components which influence each other’s [...]
Results 2.0: Towards a portfolio-based approach
Posted in Accountability, Evaluation, Healthcare, Innovation, Institutions, Knowledge and learning, Leadership, Malaria, Meetings, Organisations, Public Policy, Strategy on June 30, 2011 | 7 Comments »
The international development sector has been in a tug of war around the ‘results agenda’ for the past few months. This post explores the tensions and suggests a way to bring the sides together by focusing on the relevance and appropriateness of different approaches.* I: The Results Tug of War Development results is one of many [...]
Success, failure and what lies between
Posted in Accountability, Economics, Evolution, Innovation, Institutions, Knowledge and learning, Leadership, Meetings, Public Policy, Strategy on June 17, 2011 | 1 Comment »
Earlier this week Tim Harford, also known as the Undercover Economist, gave a fantastic talk at ODI on the topic of ‘Development as Trial and Error’. Drawing on his latest book, Adapt: Why Success Always Starts with Failure, Tim provided the audience with a compelling account of the need for a different way of thinking [...]
Gender bias as an emergent property in international agencies
Posted in Gender, Institutions, Leadership, Organisations on June 1, 2011 | 12 Comments »
UPDATE 03/05/2011 – Shotgunshack has posted a great piece on this issue as it plays out in INGOs – check out ‘Gender and NGOs – Pretty on Paper’ Most international agencies backed International Women’s Day in March, and – some valid concerns about the political appropriation of the gender movement aside – this is right and [...]
How do aid agencies deal with wicked problems?
Posted in Innovation, Institutions, Knowledge and learning, Leadership, Public Policy, Strategy on April 5, 2011 | 5 Comments »
The term ‘wicked problem’ was used here last week to describe the challenges of humanitarian coordination. This post is a response to a number of requests to explain a little more about this concept. The term ‘wicked problem’ was originally proposed by two American urban planners, Horst Rittel and Melvin Webber, in the 1970s. The term [...]
The Humanitarian Groundhog Day
Posted in Chaos, Evolution, Innovation, Institutions, Knowledge and learning, Leadership, Meetings, Natural disasters, Networks, Organisations, Public Policy, Self organisation on March 24, 2011 | 14 Comments »
Humanitarian coordination has been described in a new ODI paper as a ‘wicked problem’ which demands new and radical solutions. This post explores the longstanding incentive issues underlying the lack of effective coordination and suggests possible ways forward. In a paper published last year, Michael Barnett and I argued that the humanitarian system was stuck in much the [...]
Philippines turns to complexity science to strengthen disaster preparedness
Posted in Climate change, Innovation, Institutions, Knowledge and learning, Natural disasters, Networks, Public Policy, Reports and Studies, Resilience, Strategy on March 15, 2011 | 3 Comments »
Following the Japanese earthquake, the Philippines government have announced plans to explore the use of complexity science in better understanding disaster vulnerability and risk. The effort is to be taken forward by the Congressional Commission on Science Technology and Engineering, in collaboration with the Philippine Disaster Science Management Center. Senator Edgardo Angara, Chair of Congressional Commission [...]
