The Complexity of the Future and the New Theories of Growth: Human Capital, Technology, Policy Choices and Global Governance

Abstract

The paper is focused on the crucial issues of the New Theories of Growth but of course after a sharp premise on the quest for Global Governance stepping up and the opposite situation in which we are in these really months. The looming conflicts of the Second Cold War have special boundaries and are not conventional. ISIL is not really a traditional army and operates at global level much more than supposed. Isolated and individual countries responses are unrealistic and dangerous at the same time. The New Theories of Growth robustness and the opposite weakness of the traditional International Relations frames of interpretations and prescriptions are proposing the really “Prisoner’s Dilemma” game theory results, where the convergence of aims and scope can’t produce the indispensable sharing of risks and efforts by the two sides. But the interrelated conditionality and implications of Global Governance policies and procedures are forcing towards negotiated but not precarious or vulnerable results in world affairs. In the quite effective equation and outcomes, shown through the drivers and clusters of the Formel-G elaborated by the Research Division of the Deutsche Bank in 2005 but with reference to the rigorous range of theoretical propositions both from the distinguished scholars Romer-Mankiv-Weil from Berkeley University and the coincidentally two homonymous authors cholar Paul Romer from Stern School of New York University. They had already closed the circle that is now imposing a reshaping, change, innovation of ideas and attitudes also to the more sensitive policy choices centers. This is the basic conclusion from the many spin-off of this paper in some way challenging the traditional formalism of the too often aseptic and “zero-sum-game” contributions on the crucial issues for the economy, financial system, development and growth of all the humanity in the one world.