Book contents
- Insuring States in an Uncertain World
- Insuring States in an Uncertain World
- Copyright page
- Dedication
- Contents
- Preface and Acknowledgments
- Introduction: Insurance, Then and Now
- 1 Risk, Uncertainty, and the Demand for Political Innovation
- 2 The Insuring Instinct in a Changing World
- 3 The Politics of Governing Risk
- 4 The International Evolution of Private Insurance and Reinsurance
- 5 Insuring Cross-Border Risks in Commercial Nuclear Energy Production
- 6 Systemic Capital Market Risks and the Politics of Improvisation
- 7 Global Challenges and the Frontier of Insurability
- 8 Complex Risks and the Reconstruction of Government
- Selected Bibliography
- Index
3 - The Politics of Governing Risk
Published online by Cambridge University Press: 13 August 2025
Book contents
- Insuring States in an Uncertain World
- Insuring States in an Uncertain World
- Copyright page
- Dedication
- Contents
- Preface and Acknowledgments
- Introduction: Insurance, Then and Now
- 1 Risk, Uncertainty, and the Demand for Political Innovation
- 2 The Insuring Instinct in a Changing World
- 3 The Politics of Governing Risk
- 4 The International Evolution of Private Insurance and Reinsurance
- 5 Insuring Cross-Border Risks in Commercial Nuclear Energy Production
- 6 Systemic Capital Market Risks and the Politics of Improvisation
- 7 Global Challenges and the Frontier of Insurability
- 8 Complex Risks and the Reconstruction of Government
- Selected Bibliography
- Index
Summary
The chapter sets out a conceptual taxonomy for thinking systematically about old and new risks perceived to have a global dimension. It uses the complexity of those worldwide risks and the timeline of the disasters they portend to build the analytical scaffolding for understanding our current dynamic governing practices that are evolving to manage them in their diversity. It also sets out the scope conditions for both feasible insurance practices and for the political utility of insurance metaphors. As risk complexity deepens and time horizons lengthen, the potential role of market mechanisms shrinks, and collaborative government appears increasingly necessary.
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- Insuring States in an Uncertain WorldTowards the Collaborative Government of Complex Risks, pp. 39 - 53Publisher: Cambridge University PressPrint publication year: 2025
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