Navigating the ‘dark waters of globalisation’: Global markets, inequalities and the spatial dynamics of risk

The links between the processes of globalisation and the generation of risk have been brought into sharp focus as a function of a series of accidents and terrorist attacks on Western interests and their supply chains. The increasingly interconnected nature of organisations, the dependence of western economies on a set of global supply chains, the export of hazardous goods and services, and the recruitment of staff from a global recruitment pool, all generate the potential for new forms of hazard and require organisations to reconfigure and extend the capabilities of their control and monitoring systems. Our aim in this article is to review the challenges that globalisation processes can generate for organisational effectiveness and, in particular, on the performance of processes around risk management and the prevention of crises. Risk Management (2015) 17, 179–203. doi:10.1057/rm.2015.12