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.