Overview
Crisis governance in economic emergencies is essential for managing the impacts of economic downturns. It involves understanding the types of crises, implementing effective policies, and engaging stakeholders to ensure a coordinated response. By learning from past experiences and building resilience...
Key Terms
Example: Crisis management plans are essential for organizations.
Example: Monetary policy affects inflation and employment.
Example: Employees, customers, and investors are all stakeholders.
Example: Building resilience helps communities bounce back after disasters.
Example: Increasing government spending can stimulate economic growth.
Example: Lowering interest rates can encourage borrowing.