OPTIMIZATION OF INFORMATIONAL AND FINANCIAL FLOWS AS CRISIS MANAGEMENT’S TOOL
Abstract
Effective crisis management hinges on the optimized management of informational and financial flows, essential for mitigating impacts and facilitating recovery across various sectors. This paper explores the theoretical foundations and practical applications of informational and financial flows in crisis contexts, emphasizing their critical roles in preparedness, response, recovery, and mitigation phases. Through analysis of case studies it examines how timely and accurate information dissemination, coupled with swift financial interventions, can enhance crisis outcomes. Strategies such as integrated information systems, efficient financial mechanisms, and collaborative frameworks are proposed to optimize crisis response capabilities. Continued research and innovation are advocated to strengthen resilience and readiness in managing future crises, underscoring the importance of proactive approaches to build robust global systems and communities.
References
Del Rio-Chanona, R. M., Mealy, P., Pichler, A., Lafond, F., & Farmer, D. (2020). Supply and demand shocks in the COVID-19 pandemic: An industry and occupation perspective. Available at: https://arxiv.org/abs/2004.06759
Ian I., Shrivastava P., Udwadia F. Effective crisis management. Academy of management Perspectives, 1987. Vol 1. No 4. Available at: https://journals.aom.org/doi/full/10.5465/ame.1987.4275639
Karsantık I. (2021) Crisis Management on Education Policies during Covid-19: The Case of China, USA and Italy. Uluslararası Toplum Araştırmaları Dergisi-International Journal of Society Researches. Available at: https://dergipark.org.tr/en/download/article-file/1398670
Varnalii, Z., Nikytenko D. et al. (2020). Strategic priorities of budget policy of Ukraine in the conditions of the COVID-19 pandemic. Financial and credit activity: problems of theory and practice, [S.l.], v. 4, n. 35, p. 170-179. Available at: http://fkd.org.ua/article/view/221964/222728
This work is licensed under a Creative Commons Attribution 4.0 International License.