Managing the Global Financial Crisis
Managing the Global Financial Crisis
Lessons from Technological Crisis Management
Examining lessons from the past thirty years of research on technological crisis management, this chapter shows parallels and similarities in technological and financial crisis antecedent conditions, crisis causes, and prevention and management strategies to the current global financial crisis. It suggests policies for mitigating the impacts of financial crisis, including long-term planning for managing the crisis process, regulating risk and leverage, building surveillance systems, improving global communications, and redesigning a new sustainable global economic order.
Keywords: crisis management, global economic order, global communications, risk
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