.business continuity management (BCM) has emerged in many industries as a systematic process to counter the effects of crises and interruptions, although its potential to play a more strategic role is still largely under-explored" (Herbane, Elliott & Swartz, 2004, p
.business continuity management (BCM) has emerged in many industries as a systematic process to counter the effects of crises and interruptions, although its potential to play a more strategic role is still largely under-explored" (Herbane, Elliott & Swartz, 2004, p
.business continuity management (BCM) has emerged in many industries as a systematic process to counter the effects of crises and interruptions, although its potential to play a more strategic role is still largely under-explored" (Herbane, Elliott & Swartz, 2004, p
"the Indian Government, although keen to attract foreign investment, needed to factor in basic safety requirements for its citizens. During future MNC projects, designs of installations need to be peer reviewed and more stringent environmental, health, and safety measures adopted" (Labib, 2014, p
Another article explains the various phases of business continuity. "The key BCM tasks have been categorized into three phases of business continuity -- Pre-event Preparation, Event Management, and Post-event Continuity" (Tammineedi, 2010, p
As an article on business process modeling states, "Business process modeling and simulation are used to enable desired business process optimizations. However, current approaches mainly focus on economic aspects while security aspects are dealt with in separate initiatives" (Tjoa et al
The Hong Kong Monetary Authority had stated at that time that it was "prepared to provide capital to the territory's 23 locally incorporated banks, following the example of the United States and Britain." (Bradsher
Hong Kong was one of just a few countries in the region to escape relatively unscathed, successfully avoiding a banking crisis although, of course, some damage was inflicted on the banks." (Hall, Kenjegalieva and Simper, 2008) Hall, Kenjegalieva and Simper (2008) additionally report that there was indirect damage inflicted on the real economy by the AFC a banking crisis was still avoided
AFTER FINANCIAL CRISIS It is reported in the work of Daniel Po-min Chan (2008) in the work entitled: "Hong Kong Faces Sub-prime Contagion" published in the Hong Kong Journal that despite the resilience of the Hong Kong economic outlook, that the story is quite different in the property and stock markets in that the "outbreak of the subprime crisis increased the possibility of having negative real interest rates." (Chan, 2008) the Hong Kong currency is stated to be "pegged to the U
We also seem to have achieved a good balance in the relationship between the supervisor and the banking system. "(Yam, 2009) Yam relates that a primary example of "how that balance has contributed to banking stability is the 70% loan-to-value policy for residential mortgage lending by banks
One of the most dangerous aspects of this is the very structure of American schools. Here, the research suggests that Schools -- with their cell-block-style, forced confinement of both students and teachers" (Gatto 149)
Educational Crisis "Do you feel like you live in a nation of idiots?" (Moore 128)
Budget cuts threaten the very little resources schools are already struggling to work with. Special enrichment programs are often the first to go, as budget cuts continue to cause havoc in today's schools (Lopez 1)
"Their reaction to the economic mess was to pass bailout bills worth over $700 billion, provide insolvent banks with taxpayer cash, guarantee bad debts, and purchase toxic assets. These responses have channeled most of the resources mentioned to our financial institutions in order to increase their liquidity" (Avizius, 2009)
"The Global Financial Crisis of 2008 has shaken neoliberalism's hold on policy, with many suggesting that its policies were responsible for the collapse. The current crisis may have shaken neoliberalism's supremacy, but it remains un-challenged by serious alternatives and continues to shape post-2008 policy" (Centeno & Cohen, 2012)
This process ended in the current crisis, which is so severe that it has pushed the global economy to the brink of depression. Fear of financial and economic crumple has provoked unparalleled government salvage efforts that have been, to date, not capable to end the emergency (Crotty, 2009)
S. And the UK, characterized by new forms of institution-building and governmental intervention, in which neoliberalismis increasingly associated with the political foregrounding of new modes of social and penal policymaking, concerned specifically with the aggressive reregulation, disciplining, and containment of those marginalized or dispossessed by the neoliberalization of the 1980s" (Esteva, n
The location of expertise in a geography of power emanating from the global north in general, and U.S.-based institutions in particular" (Sheppard & Leitner, 2009)
The credit squeeze and layoffs affected many households, predominantly those relying in credit cards. Because spending went down, it led to deflation which turned into recession (Steinberg, 2008)
" (Avizius, 2009). The third problem with government's response was the fact that the funds were distributed and the public was not told to whom (Sylvester, 2008)