ADVANTAGES

The growing interdependence of world social, economic, and ecological systems makes it difficult to predict the consequences of social decisions. Changes anywhere in the world can have amplified effects elsewhere, with increased benefits to some people and increased costs to others. There is also the possibility of some changes producing instability and uncertainty that are to the disadvantage of all. Worldwide stability may depend on nations establishing more reliable systems of doing business and exchanging information, developing monitoring mechanisms to warn of global catastrophes (such as famine and nuclear war), and reducing the large gap in the standard of living between the richest and the poorest nations. Nations, like all participants in social systems, sometimes find it to their advantage to suffer some short-term losses to achieve the longer-term benefits of a stable world economy.

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