JFIRM and PRIMO start collaboration on the 1st of April 2020 in calling for and sharing of relevant publications related to risk management. PRIMO seeks more connection between scientific research and the practical insights and knowledge of leaders, CEO’s, manager, controllers and strategists related to the public domain of society. It promotes the connection and cooperation between organisations in the triangle government, business and civil society. Science meets governance, vice versa.
The aim of the International Journal of Finance, Insurance and Risk Management (JFIRM) is to publish quantitative and qualitative studies from selected areas within these disciplines and other related areas such as Banking, Accounting, Auditing, Compliance, Sustainability, Behaviour, Management and Business Economics. The main scope of the journal is to spread original academic, theoretical and practical insights and studies about these fields to a national and international audience, with the widest reach and spectrum as possible.
Public Risk Management Organisation (PRIMO) Europe, the premier international network for the development of products and dissemination on strategic risk management information within the local government sector as well as in the public sector in Europe, hereafter mentioned as PRIMO.
The COVID-19 pandemic has elicited a global response unlike anything we’ve seen before. From government and business taking on new roles to respond to the crisis to the complete re-organisation of how we work, travel and socialize, we have witnessed transformational changes that didn’t appear possible just weeks ago. The human costs of the pandemic are horrifying, but the response has largely been characterised by care, compassion and connection – and an unheard-of pace of change. Read more
“If the pandemic teaches us to acknowledge our vulnerability to high-impact shocks such as pandemics and climate-related disasters, we will be infinitely better placed to prepare for them.”
Why was reaction to red flags slow — and can business become more vigilant? Monday morning, February 24, was the moment when a thoroughly somnolent market, after a decade of steadily rising prices and accommodative central bank policy, awoke to the fact that coronavirus would have serious implications for the world economy — and that, at the same time, almost every asset was priced for perfection. Read more
My two recent posts expressed surprise, that organisations that should know better have called the Coronavirus outbreak a Black Swan Event. The first on March 29th and the second on March 30th. Read more
“All the information was always out there, and until February 21, risk managers all over the world were just ignoring it.”
Face à la gestion de la crise sanitaire liée à la propagation du Covid-19, les collectivités doivent se coordonner pour maintenir une continuité d’activité et protéger les agents. Pierrick Raude, Directeur Général des services de la Communauté d’agglomération du Bassin d’Arcachon Nord (COBAN), répond à nos questions et nous fait part de son expérience. Des crises comme celles-là nous obligent à revenir à l’essentiel :
After SARS, Chinese health officials built an infectious disease reporting system to evade political meddling. But when the coronavirus emerged, so did fears of upsetting Beijing. The alarm system was ready. Scarred by the SARS epidemic that erupted in 2002, China had created an infectious disease reporting system that officials said was world-class: fast, thorough and, just as important, immune from meddling. Read more
La triple conmoción por el coronavirus —sanitaria, económica y política— une a la humanidad bajo la misma amenaza pero la divide en las respuestas. El planeta, para un extraterrestre que aterrizase estos días, ofrecería una imagen extraña, entre apacible e inquietante. Más de un tercio de la humanidad está en casa, privada de la libertad de moverse, tan esencial y que todos damos por hecha. Leer más
Alors que l’urgence sanitaire mondiale Covid-19 se poursuit, les retombées économiques se multiplient. La croissance économique mondiale s’est inversée, les entreprises ont commencé à annuler les services qu’elles assurent à leurs clients et des millions de personnes sont au chômage technique ou licenciées. Lire l’article
Edited by Richard Baldwin and Beatrice Weder di Mauro | CEPR Press
COVID-19 is spreading human suffering worldwide; that is what we should all be focused on. But we are not doctors. We are economists – and COVID-19 is most definitely spreading economic suffering worldwide. The virus may in fact be as contagious economically as it is medically.
Joining the OECD’s dire growth forecast of 2 March 2020, the European Commission said on 4 March 2020 that both Italy and France are at risk of slipping into recession, and the IMF said it sees “more dire” possibilities ahead for the global economy.
This book is an extraordinary effort for extraordinary times. On Thursday 27 February, we emailed a group of leading economists to see if they’d contribute to the effort. The authors responded and the eBook came together literally over the weekend (the deadline for contributions was Monday 2 March 2020). The eBook is a testimony to the power of collaboration in a network that has the size, speed, flexibility, and talent of CEPR.
The key economic questions addressed in the book are: How, and how far and fast, will the economic damage spread? How bad will it get? How long will the damage last? What are the mechanisms of economic contagion? And, above all, what can governments do about it?
With scarce resources instilling a spirit of togetherness, Italians have quickly learned to cherish what we once took for granted. We’re about to enter our fourth week of lockdown in Italy, our sixth of home-schooling, and we’ve begun to glimpse minor positives. It’s as if we’re all at that stage of musical chairs when the music has stopped. The loud, relentless run-around is over. We’ve passed the point of the nervous scramble to get what we need. Read more
Richard Florida and Steven Pedigo
A ten-point preparedness plan for our communities
As the dreaded coronavirus rips across the globe, city after city has locked down, transforming urban business centers, suburban malls, and other public spaces into ghost towns. This is not the first time this has happened—since time immemorial, cities have been epicenters of communicable diseases. Read more
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