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Mansoor Dailami is lead author of Global Development Horizons, and Manager of the Emerging Global Trends Team of the Development Prospects Group at the World Bank.
Financial markets remain blissfully in denial of the many predictable global crises that could come to a head this year, particularly in the months before the US presidential election. In addition to the increasingly obvious risks associated with climate change, at least four countries want to destabilize the US from within.
Now that US Senator Bernie Sanders has emerged as a leading contender for the Democratic Party's presidential nomination, his brand of democratic socialism warrants closer scrutiny. Simply put, it is neither a close approximation of the "Nordic model" that Sanders often invokes nor a solution to what ails the American economy.
