Nations Governance:Ineffective and Irrelevant
Nations are going through a time of rapid change, fierce competition, and complex interrelated, integrated, and interdependent risks. In this time of rapid change, nations lack the fundamental framework that is required for understanding complex change, fierce competition, and nations interdependent interrelated risks. Today’s nations seem clueless to this change, and their governance has become– almost ineffective and irrelevant.
Nations traditional approach of reactive regulations after crisis happens does not make sense today. Any such reactive regulation lacks the fundamental capability of effectively controlling or managing any critical risks or crises; nor does it prevent any systems or markets failures.
Nations have reached a time where they need to begin debating the way it needs to govern. Let me know your thoughts. Please specify which nation you are addressing.
Jayshree Pandya PhD
Global Risk Advisor
