Economic Crisis

Economic disruption today extends far beyond cyclical downturns. It increasingly reflects system-level instability that affects the foundations of global production, trade and finance. In the age of the polycrisis, economic volatility cannot be separated from climate, resource and social pressures.

Key Economic Crisis Drivers

  • Disruptions in global supply chains
  • Raw material and energy price shocks
  • High debt levels and monetary instability
  • Inflation and declining real wages
  • Automation-driven job displacement and structural unemployment
  • Capital market volatility

Consequences

  • Decline in investment and slower innovation
  • Waves of insolvency and bankruptcies
  • Supply shortages and falling demand
  • Social tension and rising existential insecurity
  • Widening gap between developed and developing economies

Economic pressures cannot be separated from tensions in energy, ecological and social systems. The imperative for continuous growth increasingly clashes with the physical and societal limits that underpin real-world stability. The CASSee Program supports the recognition of these interconnections and the development of adaptive responses to economic shocks.

Related Tags

#economiccrisis, #supplychain, #inflation, #energypriceshock, #indebtedness, #unemployment, #growthlimits, #socialtension, #polycrisis, #CASSee, #adaptation, #economicdivide

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