By Jayshree Pandya (auth.)
Dr. Jayshree Pandya, founding father of threat workforce LLC (http://www.riskgroupllc.com), is prior to the curve in addressing the altering worldwide basics of the rising international Age.
Global Age, and its altering worldwide basics has introduced advanced, chaotic, and turbulent instances for each nation—where disasters in any respect degrees have come to turn into self-evident, repetitive, harmful, and possibly hopeless in nature and uncertainty. countries are stuck off protect.
From what's obvious throughout countries this day, the promise of development and prosperity for all international locations doesn't appear to have materialized in a world Age. rather than development and prosperity, what's noticeable this day is concern and disaster that's overpowering and overwhelming the potential of so much international locations to satisfy their promise of development and prosperity.
Nations are in drawback. This introductory e-book international Age: NGIOA @ chance addresses the worldwide shifts and the altering international basics of world Age, to put out a lot wanted origin of an built-in NGIOA hazard governance framework for the arrival day after today. This publication will make a resounding case for the far-reaching want and figuring out of world hazard suggestions, international danger basics, and threat centric built-in NGIOA governance. The built-in NGIOA threat governance technique proposed and mentioned during this initiative is rational, sensible, and possible. it's going to aid create a dynamic, brilliant, and sustainable NGIOA economic system of a world Age. This initiative is a primary step in the direction of that.
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Additional info for The Global Age: NGIOA @ Risk
As a result, they enjoyed the fruits of those Isolation Age capabilities unchallenged for decades. 1 Changing Global Fundamentals 53 As the Isolation Age is fading, and a technologically perceptive knowledge and information based Global Age is beginning to emerge, great advances are beginning to be made across many competitive industries in many nations. As the Global Age changes the nature and level of NGIOA competition, there seems to be a visible shift in advancement, as well as growth, and development—from some nations to others.
Brazil Crisis (2001) Underestimation of risks Questionable role of ineffective government policies and regulations Lack of effective management Banking and currency crisis Stock market crash Questionable role of central bank intervention Government’s questionable economic policies Questionable tax system and fiscal deficits Lack of accountability and personal and professional responsibility Questionable role of global institutions Lack of effective risk management Premature globalization move Lack of effective integrated holistic risk management Lack of NGIOA risk governance Lack of understanding of NGIOA linkages and dependencies Other reasons What is your assessment?
Nations will need to identify, document, and evaluate their own risk history to understand its past mistakes, identify current gaps, and work towards building a better tomorrow. The brief review of global risk history reveals that a nation’s crisis largely revolves around the same underlying weaknesses, challenges, as well as imbalances. In addition, each of these crises has common risk variables. These common risk variables have consistently played a role in the occurrence of crisis across nations.
The Global Age: NGIOA @ Risk by Jayshree Pandya (auth.)