Premium
Preventing Transboundary Crises: The Management and Regulation of Setbacks
Author(s) -
Roe Emery
Publication year - 2009
Publication title -
review of policy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.832
H-Index - 45
eISSN - 1541-1338
pISSN - 1541-132X
DOI - 10.1111/j.1541-1338.2009.00395.x
Subject(s) - anticipation (artificial intelligence) , interdependence , setback , resilience (materials science) , crisis management , business , financial crisis , development economics , political science , economic policy , economics , environmental planning , geography , macroeconomics , management , physics , artificial intelligence , computer science , law , thermodynamics
Setbacks—unanticipated, unwanted, and often sudden checks on moving forward—are common in crisis prevention. Managing setbacks, however, is rarely discussed. Even less discussed is the central role that setback management can play in preventing transboundary crises across interdependent critical infrastructures for electricity, water, transportation, and financial services. With a focus on the ongoing financial crisis and on strategies for resilience and anticipation, the article draws out implications for crisis prevention as the first, rather than last, line of defense in managing future crises.