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
