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Learning From the Global Financial CrisisCreatively, Reliably, and Sustainably$
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Paul Shrivastava and Matt Statler

Print publication date: 2012

Print ISBN-13: 9780804770095

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804770095.001.0001

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In Lieu of a Conclusion

In Lieu of a Conclusion

Chapter:
(p.329) In Lieu of a Conclusion
Source:
Learning From the Global Financial Crisis
Author(s):

Paul Shrivastava

Matt Statler

Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804770095.003.0019

This chapter cites some observations about the reality of the global financial crisis. First, all the major economies of the world are scrambling to stem the damages of the financial crisis. Second, there is a continued failure of national and global leadership to seize the opportunity for radical transformation of economies and organizations toward sustainable, creative, and reliable development. Third, some economies, such as India and Canada, have been more resilient than others in dealing with the financial crisis. Fourth, there has been a lack of focus and use of human creativity and potential in past economic regimes. Many of the book's chapters expose false assumptions of traditional finance and management theories and practices, opening up alternative visions of how the postcrisis recovery might unfold. This chapter closes with an account of how the editors are personally navigating the post-financial crisis situation in their own work and networks.

Keywords:   postcrisis recovery, traditional finance, global financial crisis, human creativity

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