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Risk Management in Public Administration
About this book
This book draws on financial, economic, and management theory in its exploration of the theory underlying risk and risk management at both micro- and macroeconomic levels. It has a particular reference to the public financial sector. Chapters investigate the elimination of currency risk in the Transatlantic Trade and Investment Partnership (TTIP), as well as the changes that credit ratings undergo due to the influence of credit spreads. Featuring contributions on important topics such as public safety and the internet, intellectual capital, bank regulatory risk in the EU, the financial distress of public sector entities, and systemic risk in the insurance sector, it also explores innovative and emerging issues in the European tax gap in personal income taxes and VAT carousel fraud in selected European countries. Discussion of the complex nature of risk management in public administration will appeal to public officials, policy-makers, academics and researchers alike.
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Information
Table of contents
- Contents
- List of Figures
- List of Tables
- Introduction
- 1: What Does Risk Management in an Economy Really Mean?
- 2: Elimination of Exchange Rate Risk in TTIP by Inclusion of a Clause Linking Dollar and Euro
- 3: The Effect of Countriesâ Credit Ratings on Credit Default Swap Spreads
- 4: Risk Analysis as an Instrument of Public Management
- 5: Multidimensionality of Risk in Public Safety Management Processes
- 6: Early Warning Concept in Identifying Risks in Business Activity
- 7: Risk Perception in the Activity of Social Enterprises
- 8: Identification of Risks Related to the Operations in the Internet
- 9: Intellectual Capital Risk Management for Knowledge-Based Organizations
- 10: Regulatory Risk in the EU Banking Sector
- 11: The Financial Distress of Public Sector Entities, Causes and Risk Factors. Empirical Evidence from Europe in the Post-crisis Period
- 12: Impact of Insurance Companiesâ Investment Policy on Risk Management in the Public Sector
- 13: Personal Income Tax and the Risk of Revenue Fluctuations in the European Union
- 14: VAT Fraud in Selected European Union Countries and Its Possible Macroeconomic Implications
- Summary and Conclusions
- About the Authors
- Index