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COVID-19: Systemic Risk and Resilience

COVID-19: Systemic Risk and Resilience
Author: Igor Linkov
Publisher: Springer Nature
Total Pages: 438
Release: 2021-04-30
Genre: Medical
ISBN: 3030715876

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This book aims to provide a collection of early ideas regarding the results of applying risk and resilience tools and strategies to COVID-19. Each chapter provides a distinct contribution to the new and rapidly growing literature on the developing COVID-19 pandemic from the vantage points of fields ranging from civil and environmental engineering to public policy, from urban planning to economics, and from public health to systems theory. Contributing chapters to the book are both scholars and active practitioners, who are bridging their applied work with critical scholarly interpretation and reflection. The book's primary purpose is to empower stakeholders and decision-makers with the most recent research in order that they can better understand the systemic and sweeping nature of the COVID-19 pandemic, as well as which strategies could be implemented to maximize socioeconomic and public health recovery and adaptation over the long-term.


Integrated Risk of Pandemic: Covid-19 Impacts, Resilience and Recommendations

Integrated Risk of Pandemic: Covid-19 Impacts, Resilience and Recommendations
Author: Manish Kumar Goyal
Publisher: Springer Nature
Total Pages: 498
Release: 2020-10-31
Genre: Medical
ISBN: 9811576793

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In light of the novel corona virus outbreak in December 2019 and its subsequent impact on entire world as a global pandemic, the book attempts to provide integrated risk assessment on Covid -19 like pandemics, as well as to understand the societal, environment and economic impact of the outbreak in various sectors of development. It covers fundamental factors of global disease outbreaks and its coverage as major disaster through the complexity and severity of consequences, illustrating the dimensions of low frequency high intensity disasters. It brings together broad range of topics including basic concepts, isolation measure, role of governance and key technical advancements for containing the diseases. In addition, it also covers resilience analysis towards the impacts such outbreaks have on bio-diversity, ecosystem services and agricultural food production. It defines key exit strategies from the lessons learned and success stories of historical disease outbreaks. The book is presented in four parts, where part 1 familiarizes with fundamentals; part 2 focuses on integrated risk assessments; part 3 focuses on various measures and strategies of resilience; and part 4 suggests key lessons and recommendations. The book is a useful reading reference for scientific community, policy makers and professionals across the domains of health, environment, disasters and sustainable development. Book is specifically beneficial for postgraduate students, researchers, planners and field professionals.


Pandemic Risk, Response, and Resilience

Pandemic Risk, Response, and Resilience
Author: Indrajit Pal
Publisher: Elsevier
Total Pages: 518
Release: 2022-05-20
Genre: Social Science
ISBN: 0323994369

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Pandemic Risk, Response, and Resilience: COVID-19 Responses in Cities Around the World examines the pandemic’s global impacts on public health, economies, society and labor. The book shows how COVID-19 intensified natural and anthropogenic hazards and destroyed years of communities, governments and the work of development organizations and their investments. It focuses on how disaster resilience is central to achieving the 2030 Sustainable Development Goals in a post-COVID-19 era. Sections cover current governance practices, with special attention given to Asia’s more successful responses. It shows how the various sectors across that society were most impacted by COVID-19, including tourism and food systems. This book is an essential reference for researchers and practitioners who need to understand response, preparedness and future pathways for pandemic resilience. Showcases risk governance at local, national and regional scales Captures multidisciplinary and multi-sectoral insights through numerous case studies Uniquely addresses, in a comprehensive and structure manner, risk governance methodologies


Time To Rethink Risk Management: Surviving Future Global Crises

Time To Rethink Risk Management: Surviving Future Global Crises
Author: Tony Bendell
Publisher: World Scientific
Total Pages: 185
Release: 2023-03-10
Genre: Business & Economics
ISBN: 9811264503

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The purpose of this book is to change thinking about crises and risk. Risk management is today both a great success, an impressive achievement, and a notable failure. It works, and it doesn't work. It saves lives and property, and it fails to save lives and property. It helps and it hinders. Like all such management approaches, this has a lot to do with how it is employed and practiced, but in the case of risk management there is also a much more fundamental issue. The risk management framework, the risk management model, is wrong. Many organisations today treat all risks as point events, when the real risks involve systemic threats inherent in the global economy, and the uncertain nature of global society.The book argues that risk management has come a long way, but that evidence of its more recent failure is now all around us and that it needs to now change dramatically if it is to accommodate current realities. Whilst there is a clear need for us all to manage risk through a crisis, there is a lack of understanding of the nature of crises that is impeding progress. As well as providing a conceptual basis for changing the way risk management is undertaken, the book provides a blueprint for managing at organisational level through a global crisis, and, to a more limited extent, at government and other levels; how to prepare, what to do when it's happening and how and when to emerge into the post-crisis world.


The Butterfly Defect

The Butterfly Defect
Author: Ian Goldin
Publisher: Princeton University Press
Total Pages: 320
Release: 2015-10-20
Genre: Political Science
ISBN: 0691168423

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How to better manage systemic risks—from cyber attacks and pandemics to financial crises and climate change—in a globalized world The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practical guidance for how governments, businesses, and individuals can better manage globalization and risk. Goldin and Mariathasan demonstrate that systemic risk issues are now endemic everywhere—in supply chains, pandemics, infrastructure, ecology and climate change, economics, and politics. Unless we address these concerns, they will lead to greater protectionism, xenophobia, nationalism, and, inevitably, deglobalization, rising inequality, conflict, and slower growth. The Butterfly Defect shows that mitigating uncertainty and risk in an interconnected world is an essential task for our future.


A Global Strategy to Manage the Long-Term Risks of COVID-19

A Global Strategy to Manage the Long-Term Risks of COVID-19
Author: Ruchir Agarwal
Publisher: International Monetary Fund
Total Pages: 26
Release: 2022-04-05
Genre: Business & Economics
ISBN:

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The pandemic is not over, and the health and economic losses continue to grow. It is now evident that COVID-19 will be with us for the long term, and there are very different scenarios for how it could evolve, from a mild endemic scenario to a dangerous variant scenario. This realization calls for a new strategy that manages both the uncertainty and the long-term risks of COVID-19. There are four key policy implications of such as strategy. First, we need to achieve equitable access beyond vaccines to encompass a comprehensive toolkit. Second, we must monitor the evolving virus and dynamically upgrade the toolkit. Third, we must transition from the acute response to a sustainable strategy toward COVID-19, balanced and integrated with other health and social priorities. Fourth, we need a unified risk-mitigation approach to future infectious disease threats beyond COVID-19. Infectious diseases with pandemic potential are a threat to global economic and health security. The international community should recognize that its pandemic financing addresses a systemic risk to the global economy, not just the development need of a particular country. Accordingly, it should allocate additional funding to fight pandemics and strengthen health systems both domestically and overseas. This will require about $15 billion in grants this year and $10 billion annually after that.


The Resilient Society

The Resilient Society
Author: Markus Brunnermeier
Publisher: Harper Collins
Total Pages: 339
Release: 2022-03-27
Genre: Business & Economics
ISBN: 9354893856

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A Financial Times Best Book of the Year for 2021 People in a resilient society are able to bounce back from shocks, such as pandemics and economic crises. Lacking resilience, societies, families and individuals can reach tipping points from which they cannot recover. The Resilient Society by Princeton University economist Markus Brunnermeier describes how individuals, institutions and nations can successfully navigate a dynamic, globalized economy filled with unknown risks. The author applies his macroeconomic insights to public health, innovation, public debt overhang, innovation, inequality, climate change and challenges to the global order, offering ground-breaking blueprints for the reconstruction of societies and economies in a post-Covid world. Written for business leaders, economists, policymakers and politically interested citizens, the book argues that the concept of resilience can be a compass for developing a social contract that benefits all people.


Making Electricity Resilient

Making Electricity Resilient
Author: Antti Silvast
Publisher: Routledge
Total Pages: 157
Release: 2017-04-21
Genre: Business & Economics
ISBN: 1315306093

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Energy risk and security have become topical matters in Western and international policy discussions; ranging from international climate change mitigation to investment in energy infrastructures to support economic growth and more sustainable energy provisions. As such, ensuring the resilience of more sustainable energy infrastructures against disruptions has become a growing concern for high-level policy makers. Drawing on interviews, participant observation, policy analysis, and survey research, this book unpacks the work of the authorities, electricity companies, and lay persons that keeps energy systems from failing and helps them to recover from disruptions if they occur. The book explores a number of important issues: the historical security policy of energy infrastructures; control rooms where electricity is traded and maintained in real time; and electricity consumers in their homes. Presenting case studies from Finland and Scandinavia, with comparisons to the United States, the United Kingdom, and the European Union at large, Making Electricity Resilient offers a detailed and innovative analysis of long-term priorities and short-term dynamics in energy risk and resilience. This book will be of great interest to students and scholars of energy policy and security, and science and technology studies.


The Science and Practice of Resilience

The Science and Practice of Resilience
Author: Igor Linkov
Publisher: Springer
Total Pages: 209
Release: 2019-01-17
Genre: Technology & Engineering
ISBN: 303004565X

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This book offers a comprehensive view on resilience based upon state-of-the-science theories and methodological applications that resilience may fill. Specifically, this text provides a compendium of knowledge on the theory, methods, and practice of resilience across a variety of country and case contexts, and demonstrates how a resilience-based approach can help further improved infrastructure, vibrant societies, and sustainable environments and ecologies, among many others. Resilience is a term with thousands of years of history. Only recently has resilience been applied to the management of complex interconnected systems, yet its impact as a governing philosophy and an engineering practice has been pronounced. Colloquially, resilience has been used as a synonym for ‘bouncing back’. Philosophically and methodologically, however, it is much more. In a world defined by interconnected and interdependent systems such as water, food, energy, transportation, and the internet, a sudden and unexpected disruption to one critical system can lead to significant challenges for many others. The Science and Practice of Resilience is beneficial for those seeking to gain a rich knowledge of the resilience world, as well as for practitioners looking for methods and tools by which resilience may be applied in real-world contexts.


Risk and Resilience on Employees During COVID-19 Pandemic

Risk and Resilience on Employees During COVID-19 Pandemic
Author: Laksmi Rahmadian
Publisher:
Total Pages: 0
Release: 2022
Genre:
ISBN:

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Introduction/Main Objectives: This study aims to review the employee's risks and resilience during COVID-19 pandemic. Background Problems: COVID-19 pandemic brought tremendous impact, psychological and economically, across countries. To what extent employees around the world are able to adapt to the changes at the workplace and families? Novelty: This study discusses employee resilience during the COVID-19 pandemic in various countries around the world, so that it can contribute to efforts to increase resilience for organizations and employees. Research Methods: We conducted a systematic review on scientific articles reporting risks and resilience on employees during COVID-19 pandemic. We used the following keywords on Google Scholar database: “employee resilience” AND “COVID-19” and additional keywords “workers resilience” AND “COVID-19”. Finding/Results: Initial search resulted 84 articles but after a thorough selection, 13 articles matched criteria for review. We found that employees were at risks for increased workload and intensity, psychological changes, emotional exhaustion, distress, and job insecurity. Individual and organizational resilience are challenged. At the organizational level, company may adapt their CSR, develop intervention programs and well-being, create flexible working hours, provide financial supports, and creating a safe and supportive work environment. At the individual level, applying effective coping strategies focusing on tasks, stress management, social, cognitive strategies, faith-based learning activities, and promoting meaning-based coping strategies help to build resilience. Conclusion: The COVID-19 pandemic challenged individual and organizational resilience. Leaders play pivotal role on helping employees managing their resilience.