About the book
Crises are integral parts of all world systems, unfortunately. While they are a theoretically well-understood issue, in practice, crises are perceived as a very painful phenomenon. A crisis can be compared to riding a roller coaster. First, as we gain speed and climb up the tracks we are filled with a sense of joy and delight. These feelings are quickly replaced with anticipation, panic, and fear as the roller coaster plunges into the "abyss." Many well-known researchers have worked in the development of the theory of crises, from Bogdanov, Kondratiev, Schumpeter, and Varga to Keynes, and Mendelson. In their works, the main feature of the market economy was determined – its tendency to repeat economic phenomena, which could be described as a cyclical development of the economy. Concerns exist within the public sector about the ability of organizations to communicate issues of risk. These concerns include the nature and magnitude of risks; the vulnerability of those who may bear the consequences associated with an event; and the sense of helplessness felt by victim groups. Within this framework, effective communication of risk and uncertainty is an integral, but often neglected, part of public sector activities. This book intends to provide the reader with a comprehensive understanding of the roles of state regulation and risk-management within crisis conditions and destabilization.