Archive for April, 2010
Nations Governance becoming Ineffective and Irrelevant-
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on April 28th, 2010
Nations are going through a time of rapid change, fierce competition and complex interrelated, integrated and interdependent risks in the global age. And in this time of change, nations lack the fundamental framework that is required for understanding these complex changes, fierce competition and interdependent interrelated risks. And nations are clueless and ignorant about this need for change. This has made nations governance almost ineffective and irrelevant.
The traditional approach of reactive regulations after crisis happens did not make sense in isolation age and does not make sense in global age. Any such reactive regulation lacks the fundamental capability of effectively controlling or managing any critical risks or crises; nor do they prevent any systems or markets failures.
Nations need to redefine the way it governs…
Let me know your thoughts. Please specify which nation you are addressing.
Jayshree Pandya PhD
Global Risk Advisor
Too big to fail: A global age challenge facing isolation age response
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on April 19th, 2010
Global age has brought nations industries unprecedented opportunities to grow across national boundaries and becoming as some say “too big”-
There is a movement in some nations to prevent these industries from growing and becoming “too big”. While “too big to fail” is understandably creating fear and panic across nations, is this the right approach to prevent industry risks?
While nation’s tax payers should never have to bail out these industries under any circumstances, the question that arises is whether preventing growth and not letting industries become too big, a sensible solution?
It is important that nations understand global age challenges and propose effective global age solutions to global age problems. With an eye on the future I look forward to a meaningful dialogue to address critical global age risks. Let me know your thoughts.
Please specify which nation or industry you are addressing.
Jayshree Pandya PhD
Global Risk Advisor
