Risk management in public administration
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Risk management in public administration
Public AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationskiUniversity of Social Sciences, Warsaw, PolandTSRN 978-3-319-30876-0 e-ISRN 978-3-319-30877-7DOI 10.1007/978-3-319-30877-7library of Congress Control Number: 2016946836® 111C Editor(s) (if applicable) and lhe Author(s) 2017I llis work is subject to copyright. All rights are solely and exclusively Risk management in public administrationlicensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation reprinting, reuse of illustrRisk management in public administration
ations, recitation broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electPublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationistered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.The publisher, the authors and the editors are safe to assum Risk management in public administratione that the advice and information in tills book are believed to be true and accurate at the date of publication Neither the publisher nor the authorsRisk management in public administration
or the editors give a warranty, express or implied, with respect to the material contained herein or lor any errors or omissions that may have been maPublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationegistered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11.6330 Cham. SwitzerlandIntroductionAlthough risk is a feature that is deeply rooted in the practice of economic trading, there is still a wide knowledge gap as far as the determination of th Risk management in public administratione theoretical rules underlying the creation and management of risk involved in individual economic actions is concerned. Ulis is also, and perhaps parRisk management in public administration
ticularly, true for the public sector, where individual management functions are burdened with constant strategic and operational risk that is politicPublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationnd this. The first is related to the fact that it is not possible to consider risk in hilly logical terms, if the assumptions of neoclassical economics are not rejected or challenged, especially in regard to the rationality of human behaviour. The second is the existence of an intense causal relatio Risk management in public administrationnship between taking risk and gaining an advantage, as well as incurring irrational losses in the case of excessive acceptance of risk under the circuRisk management in public administration
mstances of limited possibilities of risk dispersion. Additionally, we are faced with the phenomenon of incomplete information, as developed by the agPublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationgement in the economy if we disregard individual management functions understood in classic terms, such as planning, organizing, managing, and controlling, which are applied in the theory of rationality of crime that is increasingly common in contemporary business relations. It is thus justified to Risk management in public administrationclaim that an economic entity strives for an increase in individual and/or collective utility in the contemporary economy, which is marked by certainRisk management in public administration
behavioural and information asymmetry. Therefore, the objective of this book is to demonstrate the multi faceted nature of risk management in public aPublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationn real economic trading and public administration. One could even claim that risk management in public administration should identify and constantly develop the capacity of an organization in order to achieve the result - measured with the efficiency of operation - of the capability of cooperation w Risk management in public administrationith the real economy - under the circumstances of continuous decrease in the number of court cases between the citizen and the state. At the same timeRisk management in public administration
, accounting standards for calculating budgetary expenses or proper integration of systems and processes, which may not stray from the global reality,Public AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationlic administration is greater than ever before. This is because public administration may be the creator of public policies which establish the organizational and economic order and simultaneously acts in the vital national interest, and takes care of business competition, social security', and the Risk management in public administrationfair redistribution of incomes. Public administration is supposed to ensue that citizens have access to desired services and must, at the same time, sRisk management in public administration
trive for balance in decision-making situations where it is profitable to take extreme risks, if it may enable success. Such tasks may not be delegatePublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationt fact, public administration must understand contemporary business models that are characterised by an increasing level of optimization in terms of limiting the tax base and or attempting to introduce unfair competition on the market. It must understand that the power of international corporations Risk management in public administrationis rising and active economic policies run by sovereign countries are becoming more and more limited, usually by means of indirect mechanisms of exertRisk management in public administration
ing influence and win-lose (orless often win-win) relationships. Such administrations must be aware 11: certain entities to accept compliance rules aPublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationl activity, it is possible to limit or eliminate risk at all? The answer is clear— of course it is possible to limit or eliminate risk—but only provided that the administration adopts various perspectives of thinking and dec is ion-making with respect to the same entities, situations, and events, wh Risk management in public administrationich will reflect the particular course of action in the process of evaluation. Not everyone is a law-abiding citizen, nor are all economic entities, wRisk management in public administration
hile the manner or thinking and acting of two even declaratively analogous entities may be radically different due to pursuance of secret objectives.TPublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationcter enriched with a considerable number of case studies, it may indicate trends in risk development both from a micro- and macro-perspective. The book is comprised of fourteen chapters; each is preceded by a summary and followed by conclusions. Chapter 1 presents the theory underlying risk and risk Risk management in public administration management on micro- and macro-economic levels. Chapter 2 contains an interesting description of the elimination of currency risk in the TransatlantiRisk management in public administration
c Trade and Investment Partnership by way of inserting a clause combining the Euro and the Dollar. Whereas an illustration of changes that credit ratiPublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationnce to the public financial sector. The next chapter (Chap. 5 ) contains a description of the possibilities for management of public safety based on the concept of risk processes. Chapters 6,7 and 8 elaborate on risk in economic activity in the light of the early warning system within the framework Risk management in public administrationof the social economy and operations on the Internet. The next chapters (Chaps. 9 , 10 , 11 and 12 ) are concerned with the risk involved in intellectRisk management in public administration
ual capital, bank regulatory risk in the EƯ, the financial disưess of public sector entities, and systemic risk in the insurance sector. The final twoPublic AdministrationEdited byKonrad RaczkowskiEditorKonrad RaczkowskiRisk Management in Public Administrationpa I gravemacmillanEditorKonrad Raczkows Risk management in public administrationin personal income taxes and VAT carousel fraud in selected European States.As the scientific editor, I hope that the book presented to you will explain what risk management in the public administration and economy is, as there are still no widely acceptable standard constructions and scientific law Risk management in public administrations which would be, first and foremost, approved by the majority of researchers and simultaneously implemented in the practices of economic entities.KonRisk management in public administration
rad RaczkowskiContents1What Does Risk Management in an Economy Really Mean?Konrad Raczkowski and Piotr Tworek2Elimination of Exchange Rate Risk in TTIGọi ngay
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