Free Essays on Crisis to Get Inspired & Learn by Example

[Crisis Management Planning & Evaluation]

What is a crisis?
A crisis is a change that may evolve suddenly or may take some time to evolve and results in urgent problem needed to be addressed immediately.

Definition

Coombs (2011) narrated the crisis as,
“The discernment of the impulsive event that can threaten the important expectancies of stakeholders and it can seriously impact organizational performance and spawn pessimistic outcomes”
A major difference between crisis, incident and emergency is that incident is low level problem, emergency a term more emotive and wider scale problem, while the crisis is the unpredictable problem whose extent cannot Continue reading...

Introduction

According to the major political economists the basic prolific loss of the financial sovereignty is one of the reasons for which the southern periphery fared so badly in the crisis of Euro area. Financial sovereignty or the monetary sovereignty actually means the ability of the central bank to actually devalue the major exchange rate or to buy the government debt by printing the domestic currency. Many economists like Hall and Scharpf have argued on the fact that the Southern European economies basically lack the major institutions to potentially restrain the increased wage in line along with prolific growth of Continue reading...

While in general, a crisis is any event that causes the need for urgent attention, when specifically applied to health care, a crisis can fall into one of many categories. There can be disease outbreak crises, a code crisis, a treatment or medication shortage crisis, or a natural or man-made disaster crisis. These are just a few of the categories of crises that health care workers face on a daily bases. Each type of crisis has a specific warranted plan, training, and response. The core of being an effective crisis worker in a health care setting is adequate preparation, Continue reading...

The Effects of the Economic Crises and Recessions on Russia’s GDP Growth Rate since the Past 25 Years

Introduction on Macroeconomic Indicators
There are many factors that an economist, analyst, or even business strategists can use to describe the relative health or status of a country’s economy. Some of the most commonly used economic indicators in assessing the current economic situation in a country include but may not be limited to the annual GDP growth rate (i.e. real, nominal, or on a per capita basis), the unemployment rate, the volatility indexes in the financial and commodities market, the debt to GDP ratio, and the outstanding monetary and fiscal policies in the national and international markets.
In Continue reading...

ANALYSIS ON COLLATERALIZED LOAN OBLIGATIONS AND ITS INFLUENCE ON THE ECONOMY

Financial institutions offer securities that are backed by a pool of debts mostly those that have low-interest rates. These financial products are called collateralized loan obligations (CLO). Collateralized loan obligations play an important role in influencing the economy. This is through the buying and selling of structured debt instruments by the investment banks and other financial institutions. The CLOs are popular since they can meet the desires of different investors in the economy. Both the conservative and high-risk investors are able to find the suitable debt for them since the tranches are tailored to meet their needs (Hunt 2002). Continue reading...

Introduction

Balanced budget is a typical story in the science of economics. There is a general belief that the balanced budget is better than the unbalanced budget situation. To understand the background of the belief of a balanced budget, one needs to know how the budget system works.
Budget is a sheet indicating incomes and expenditures of a government. Government incomes are mainly taxes collected from people and companies. Tax laws are arranged by parliamentary of a country. Government is responsible for determining areas where taxes will be spent. Government that receives most of the votes in elections and depending Continue reading...

Introduction

Over the past few years in the news and regular editions appear headlines with the words "rating agencies" and "credit ratings". These publications have reported increased or decreased credit ratings, as entire countries and individual companies. Last hype about the actions of rating agencies took place in the midst of the 2008 crisis. By themselves, the rating agencies are commercial organizations that are engaged in the study of the quality of asset management, assessment of the issuer's solvency, risk analysis for potential investors, and many others. At the moment, there are more than 100 credit rating agencies, the most Continue reading...

Introduction

The various global financial crises have primarily hit large and small nations as well as rich and poor ones and have been pervasive for numerous years. The common thing with the financial crises is that they usually stem from public or private sectors and come in different sizes and shapes. Ideally, these crises dictate worldwide coordination of policies, call for key changes in fiscal policies and financial sector, and require both comprehensive and immediate policy responses. For this reason, this essay focuses on the 1929-33 financial crisis, elucidating what happened as well as what we can learn from it. Continue reading...

a) Identify the Causes of the Crisis Situation in Cyprus
This crisis resulted from a combination of factors which included globalization of finance that encouraged high risk lending and borrowing practices, financial crisis which was international trade imbalances, real estate bubbles and the great recession which is the policy that was related to the government revenues and expenses and approaches that was being used by the states in bailing out banking industries that was causing troubles.
b) Similarities and Differences from Other Crises That Happened Previously in the Euro Zone
Euro crisis was similar to other crises in terms Continue reading...

The U.S. Economy from 2004 to 2014

Introduction
The American Economy has faced economic crises from 2004 to 2014. The great recession started in 2008 was the biggest challenge for the American Economy. The American Economy has been based on innovation and consumption. The economy policy implemented in the U.S. was leading people to make higher incomes and spend more inside the country. Spending culture has created a habit of the Americans. Making high income and spending more and more has been accepted as a prestigious behavior among the citizens.
However, the American Economy has faced crises stemming from Continue reading...