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Los futuros del mundo y la crisis financiera global: narrativas que definen y escenarios que crean


  • Sohail Inayatullah

    (Universidad de Tamkang, Taiwán. Universidad de Sunshine Coast, Australia)


In this paper using causal layered analysis, the underlying stories of the global financial crisis (gfc) are explored. The seven narratives presented are the GFC as: 1) a mortgage crisis, 2) a global banking crisis, 3) as part of the natural creative destruction cycle of the capitalist system, 4) a geopolitical shift from the USA to Chindia, 5) part of God’s plan, 6) a symptom of the inequity of the world capitalist system, and 7) a window of opportunity to a transformed greener partnership world. From analysis, the essay moves to five scenarios of the futures of the world system. These are: 1) business as usual, 2) the rise of «Chindia», 3) the quick and long road to sustainability, 4) the end game of capitalism, and 5) a new era.

Suggested Citation

  • Sohail Inayatullah, 2011. "Los futuros del mundo y la crisis financiera global: narrativas que definen y escenarios que crean," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 76(01), pages 64-91.
  • Handle: RePEc:ekz:ekonoz:2011104

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    References listed on IDEAS

    1. Etzkowitz, Henry & Leydesdorff, Loet, 2000. "The dynamics of innovation: from National Systems and "Mode 2" to a Triple Helix of university-industry-government relations," Research Policy, Elsevier, vol. 29(2), pages 109-123, February.
    2. Lars-Morten Andersen & Raimund Bleischwitz, 2009. "Informational Barriers to Energy Efficiency - Theory and European Policies," Bruges European Economic Research Papers 15, European Economic Studies Department, College of Europe.
    3. Bleischwitz, Raimund & Bahn-Walkowiak, Bettina & Irrek, Wolfgang & Schepelmann, Phillip & Schmidt-Bleek, Friedrich & Giljum, Stefan & Lutter, Stephan & Bohunovski, Lisa & Hinterberger, Friedrich & Haw, 2009. "Eco-Innovation - putting the EU on the path to a resource and energy efficient economy," Wuppertal Spezial, Wuppertal Institute for Climate, Environment and Energy, volume 38, number 38.
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    More about this item


    global financial crisis; alternative futures; causal layered análisis; futures studies; narratives;

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications


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