This paper considers the role of monetary policy in mitigating the effects of financial crises. I suppose that the economy occasionally but infrequently experiences crises, where financial variables directly affect the broader real economy. I analyze the formulation of monetary policy under such financial uncertainty, where policymakers recognize the possibility of financial crises, which leads...

The uniqueness of projects introduces aspects of management associated with disruptions that threaten progress and crises that affect the organisations that conduct them. The purpose of this paper thus is to review the nature of crises and their remedies that have interfered with project progress of an international construction company. Fifteen crises were studied in a ‘‘projects-as-practice’’...

We provide one of the first tests of recent macro global-game crisis models that show that the precision of public signals can coordinate crises (e.g. Angeletos and Werning 2006; Morris and Shin 2002, 2003). In these models, self-fulfilling crises (independent of fundamentals) can occur only when publicly disclosed fundamental signals have high precision; fundamentals are thus the sole driver o...

Cash transfer (CT) programmes are increasingly being used as policy instruments to address child poverty and child health outcomes in developing countries. As the largest cash-transfer programme in Africa, the South African Child Support Grant (CSG) provides an important opportunity to further understand how a CT of its kind works in a developing country context. We explored the experiences and...

Correspondência: Max Grinberg • Rua Manoel Antonio Pinto, 04 ap. 21A, Paraisópolis, CEP 05663-020, São Paulo, SP – Brasil E-mail: [email protected], [email protected] Artigo recebido em 31/08/12, revisado em 09/11/12, aceito em 09/11/12. Palavras-chave Ética Médica, Doença das Valvas Cardíacas / história, Próteses Valvulares Cardíacas. Recentemente, o artigo 29 do Código de Ética Médica, brasi...

Sudden stops can be characterized by sharp reversals in capital inflows, large declines in output, and steep collapses in real asset prices (Mendoza and Smith, 2009). In almost all recent crises, capital account reversals amounting to more than 10% of an afflicted country’s GDP have occurred (Calvo and Reinhart, 1999 and Nabli, 1999). More specifically, reversals in capital flows to emergin...

Delivery of electronic services requires a service infrastructure including organisational solutions for logistics and client-organisation interactions. We report a study covering three years of efforts by nine cities in eight European countries in developing such solutions. We found twelve distinct “crises”, situations where goals, environment, and actors changed, and the process was found in ...

In the seventies, Nolan was the first to address the need for a descriptive stagetheory concerning the planning, organizing, and controlling activities associated with managing the organizational computer resource. The arrival of newer technologies such as those based on the Internet calls for fresh approaches in terms of their implementation and management. Intranet technology – which is based...

Managing crises requires collecting geographical intelligence and making spatial decisions through collaborative efforts among multiple agencies and task forces. Typically, one or more emergency operation centers (EOCs) work in cooperation with teams of field responders through communication of the situation and coordination of actions. In such collaborative processes, maps, when shared, can be...