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Princeton University

Global Systemic Risk

What is globalization and how does it work? How can we understand the process as a whole? How are the parts of the world linked? What are the risks of living in a world where “no one is in charge”? This course introduces students to systems thinking, network theory, and risk analysis and uses these tools to better understand the process of globalization. Focusing on trade, finance, and epidemiology, it analyzes potential challenges to the current global order. The course will be of interest to those studying global affairs, system dynamics, and world governance. It offers a set of heuristics that students can use to analyze contemporary global challenges. Linking the recording of Abbey Road to the COVID-19 pandemic provides new insights into the apparently chaotic world around us. Complex systems form the backbone of our increasingly interconnected and interdependent society. What were once more localized economies, supply chains, and social-ecological systems are now rapidly globalizing, and interacting with one another across countless spatial and temporal scales as technologies expand at ever greater velocities. These tightly coupled systems deliver greater efficiency and prosperity, but at the cost of greater fragility and the threat of catastrophic failure. This “global systemic risk” has implications in all functional domains affecting our daily lives—from the global financial system to healthcare, to critical infrastructure networks. Organized with 7-10 minute classes grouped together into longer modules, the course will have a linear “core” curriculum presented at the introductory level, with the potential for optional offshoots that give learners a more in-depth look into certain areas with more technical content.

Status: Governance
Status: Social Network Analysis
BeginnerCourse21 hours

Featured reviews

MZ

5.0Reviewed Mar 9, 2022

E​xcellent course, congratualtion to Professor Miguel Centeno, best cpurse I have taken in Coursera

HH

5.0Reviewed Nov 12, 2023

For those who want to deepen their knowledge of systems thinking, network theories, and risk analysis in the context of globalization, this is a valuable resource with a wide range of readings.

E

4.0Reviewed Jul 8, 2024

It was a great course. I did not like the last section unit 6 that is why I give 4 instead of 5.

OG

5.0Reviewed Aug 10, 2023

One of the best courses I've ever taken online! Thank you for a very thorough and engaging course!

TS

5.0Reviewed Oct 15, 2025

All content and mention on Covid should be updated since it is already 'over'. Also will be good to include the 'new' emerging risk of AI.

AK

5.0Reviewed Jul 27, 2022

Excellent course taught by an inspiring lecturer, Miguel Centeno, his guest interviews were also very interesting.I look forward to learning more from Miguel Centeno!

EM

5.0Reviewed Nov 14, 2021

Exposed me to complexities of interconnected systems if overlooked can have devastating impact on our very existence

KK

5.0Reviewed Feb 6, 2026

Good pacing, structure, and clearly explained. Thank you for putting this together and making it available.

DK

5.0Reviewed Mar 5, 2022

the professor was great and the teaching was excellent. I'm just sad I don't get a certificate for it.

NL

5.0Reviewed Nov 3, 2021

A​ gret intro to Global Systemic Risk. I got a lot out of the course and would enjoy more on the matter. It also hasspurred me to do more research into the mathematics of systems for my own work.

RG

5.0Reviewed Nov 19, 2021

Just plain excellence. Thought provoking ideas and a wealth of knowledge that I will repeatedly return to.

AK

5.0Reviewed Aug 29, 2023

Relevant topics of great value presented and explained with great passion and enthusiasm and supplemented by an excellent cross-section 0f top notch experts through insightful interviews.

All reviews

Showing: 20 of 124

Aedrian Abrilla
5.0
Reviewed Oct 11, 2021
Vangel Vesovski
3.0
Reviewed Dec 18, 2021
Dmitry Zinenko
3.0
Reviewed Oct 30, 2021
Fred Vacelet
3.0
Reviewed Nov 20, 2021
Michael Cox
5.0
Reviewed Jan 26, 2023
Ho Ngoc Huy
5.0
Reviewed Nov 12, 2023
Jurijs Kovzels
5.0
Reviewed Oct 15, 2021
Florence Tan
5.0
Reviewed Oct 16, 2021
Ricardo A. VanEgas
5.0
Reviewed Oct 4, 2021
Khalid Khalid
5.0
Reviewed Oct 5, 2021
Joshua Adablah
4.0
Reviewed Oct 20, 2021
Neamin Zeleke
5.0
Reviewed Jan 2, 2024
Dídac Jiménez Torras
5.0
Reviewed Sep 7, 2024
Ken Jones
5.0
Reviewed Dec 1, 2021
Martin Scheckner
5.0
Reviewed Aug 17, 2024
Malgorzata Majewska
5.0
Reviewed Nov 26, 2021
Violeta Alexandra Amador Garcia
5.0
Reviewed Sep 19, 2025
Cameron Davis
5.0
Reviewed Jun 8, 2025
huppertsbcn@yahoo.com
5.0
Reviewed Feb 16, 2022
Laura J. Guevara Dominguez
5.0
Reviewed Dec 7, 2021