Abstract
This paper looks at the importance of a company's crisis management strategy and how the strategy that an organization takes during a crisis can affect the long-term health of that organization. It also puts forth the theory that organizations often collapse because when a crisis occurs they are not equipped to deal with it in a quick and timely fashion.

From the paper:

"Planning ahead of time can help soften the negative impact of an ongoing crisis. Decisions made while planning for a potential crisis tend to be more rational then a decision made in the middle of a crisis. Develop a crisis manual that is simple and easy to read and make sure it is used; it is worthless if it sits idle on a shelf. All employees need to be trained so they know what their roles will be during a crisis. This training will help prepare everybody in the organization to avert or effectively manage extraordinary incidents. It is not possible to plan for all potential crises that can occur. Rather an organization should prepare an action plan that involves responses for various aspects of a possible crisis."

Tags:crisis, emergency, management, problem, solving, decision, company, methods

Abstract
This paper looks at the currency crisis in Thailand, which started in the summer of 1997 and rapidly engulfed a number of East Asian "Tiger economies" in a major financial crisis. This crisis became a an interesting case study for economists who were interested in analyzing the pros and cons of globalization and laissez faire market economies. The author further examines the effects of the East Asian currency crisis, on Thailand itself, which underwent a painful re-adjustment of its economy.

Outline:
Background
The Danger Signals
Foreign Exchange Reserves
Current Accounts Deficit
Excessive Credit Expansion
Why Did the Growth Slow Down?
The Housing and Real Estate Bubble
The Stock Market Bubble
The Crisis
The Aftermath of the Crisis for Thailand
Conclusion

From the Paper
"The country took a number of measures to attract foreign capital during the 1980 and early 1990s. These included lifting of restrictions on foreign investments, elimination of most barriers on foreign ownership of export oriented industries, granting of tax incentives to foreign mutual funds and investments in the stock market, creation of closed-end mutual funds, and reduction of taxes on dividends remitted abroad (Antczak 40-41). These measures along with a pegged exchange rate policy (i.e., the Thai currency baht was pegged to the dollar and its value rose and fell with dollar's value), and the large differential in interest rates provided comfort to foreign investors who came to Thailand in droves. "

Tags:Thailand, currency, crisis, globalization, Asia

Abstract
This paper analyzes the best methods and techniques for effectively planning for, managing and mitigating the damage from a political crisis. It explores the need to develop a crisis plan before a crisis occurs. It expands on the four stages to effectively deal with a crisis, and how political crises relate to these crisis management techniques. The author includes steps that must be taken when a crisis occurs.

From the Paper
"Every organization must at some point deal with a crisis. Crisis situations are exceedingly difficult to deal with because, by definition they are times of flux and change whose outcome will often depend on the organization's reaction. Managing a crisis is a ..."

Tags:crisis management, politics, effective management, techniques

Abstract
The paper relates that professionals charged with helping people facing a crisis cope with the problems and effects of a crisis deal in crisis intervention, and these professionals may use any of several different methods used to give help in the short term. The paper explains that the people they help may be experiencing some event producing emotional, mental, physical, and behavioral problems. The paper discusses how the crisis they face may be any circumstance in which the individual sees a sudden loss of his or her normal problem-solving and coping skills, and many different circumstances can be deemed a crisis, including natural disasters (like an earthquake or hurricane), sexual assault, criminal victimization of any sort, medical illness, mental illness, and loss in relationships because of the death of a loved one or a divorce or other life-changing event.

From the Paper
"Professionals charged with helping people facing a crisis cope with the problems and effects of a crisis deal in crisis intervention, and these professionals may use any of several different methods used to give help in the short term. The people they help may be experiencing some event producing emotional, mental, physical, and behavioral problems. The crisis they face may be any circumstance in which the individual sees a sudden loss of his or her normal problem-solving and coping skills, and many different circumstances can be deemed a crisis, including natural disasters (like an earthquake or hurricane), sexual assault, criminal victimization of any sort, medical illness, mental illness, and loss in..."

Tags:crisis, intervention, counselling

Abstract
The paper discusses how Argentina in the 1990s was a "poster child" for the success of neoliberalism in redefining economic and political order not only in Latin America but around the world. However, the paper relates that by the end of the decade, the country was in a state of economic crisis, and in the first years of the new century, this had become exacerbated with Argentina on the brink of total economic and political institutional collapse. This paper assesses the most important causes contributing to this crisis and argues that while there were undeniable immediate causes - notably global economic turmoil, with the Asian financial collapse of 1997 and Brazil's currency devaluation in 1999 - the major causes of this crisis lay in the rigidity of the Convertibility Plan of 1991, the privatization and cutbacks of many state services, and Argentineans' resulting crisis of confidence in their democratic institutions which critically undermined popular trust in the state and led to the spiralling negative aspect of the crisis over time.

From the Paper
"Argentina in the 1990s was a "poster child" for the success of neoliberalism in redefining economic and political order not only in Latin America but around the world. However, by the end of the decade, the country was in a state of economic crisis, and in the first years of the new century, this had become exacerbated with Argentina on the brink of total economic and political institutional collapse. This paper will assess the most important causes contributing to this crisis. The thesis..."

Tags:crisis, argentina, political

Abstract
This paper examines Indonesia's financial crisis of 1997. It explores the events that triggered this crisis, and the result of the crisis on Indonesia as well as on the other countries in Asia that were affected by this economic downturn. The paper also includes a timeline of events leading up to the crisis itself.

From the Paper
'According to an essay by Gary Vocke published online by the United States Department of Agriculture, after ... years of rapid growth, poverty reduction and political stability, Indonesia slipped into a deep economic crisis in 1997. The financial crisis in Indonesia was triggered by a larger regional financial crisis that began in Thailand in July of 1997. Indonesia's sudden economic collapse had several contributing factors. These included a rapid increase of short-term private debt and a weakly regulated banking system. The Indonesian economy was especially hard hit..."

Tags:Indonesia, Asia, financial crisis, 1997, economics, money, banking, financial markets, financial crisis, timeline, outcome, intervention, monetary fund

Abstract
The paper demonstrates how the current financial crisis was caused by governments that made short-term decisions without considering the long-term consequences of those decisions. The paper looks at the savings and loan crisis in the late 1980s which set the tone for government bailouts and resulted in a culture of risk-taking by bank managers. The paper then looks at the government's response to the bursting of the dot-com bubble when the Federal Reserve lowered interest rates, and explains that this caused the growth in subprime mortgages. The paper details the global subprime crisis and discusses the response of the Bush and Obama administrations to this crisis.

From the Paper
"The subprime crisis spread throughout the economy the way it did because the credit crunch spread beyond just the immediately lending institutions. Banks were able to sell the mortgage debt bundled in securities known as mortgage-backed securities (MBSs). These are complex instruments, with the risk of different mortgages spread over the all or some of the MBS. Each MBS was embedded with different levels of risk and then sold (SEC, 2007). The underlying principle was that there would be sufficient diversification to offset the default risk posed by any one mortgage. However, the problem in this case was systemic and widespread. As a result, MBS holders bore much of the risk attributed to subprime mortgages. This spread the damage of subprime defaults around the entire financial system. Bond rating agencies had rated most MBSs as AAA, the highest investment grade. This was due in part to the backing of the issuing banks and to the supposed diversification inherent in the securities."

Tags:savings, and, loan, crisis, dot-com, bubble, bailouts, subprime, mortgages, securities

Abstract
This paper examines the Asian Financial crisis of 1997 and explores some of its causes. Using Korea as an example, the writer shows how the policies of the IMF made the economic situation worse. The paper also looks at structural factors, reviews the inherent irrationality of investors, and explains the role of capital control regulations (or initial lack thereof) in producing the crisis - or at least deepening it. The paper concludes with recommendations on how to prevent a repeat of the crisis. The writer suggests that the IMF must allow developing nations to take matters into their own hands when looking at structural issues - and those countries must develop comprehensive oversight and "firewalls" that reduce cronyism and incompetence.

From the Paper
"The following paper will look at the Asian Financial crisis of 1997 and explore some of the problems that clearly made this unfortunate event possible. Specifically, in addition to examining the causes of the catastrophe, this paper will look at the role of the IMF and how its policies and oversights made problems worse in Southeast Asia - with Korea being used extensively as an example. From there, the paper will look briefly at the role of "crony capitalism" in Southeast Asia; again, because of the spatial constraints, two nations in particular - Malaysia and Thailand - will be examined."

Tags:financial, crisis, asia

Abstract
The paper explains how a crisis communications plan is a vital aspect of virtually any business. The paper discusses that this plan is a companion to the crisis plan that is put into effect after a crisis has taken place; therefore, one aspect of this plan is to calm a heightened situation with reasoned thinking. The paper adds that a second aspect of the plan, however, is to strategize a process that will be put into force when such an event occurs. The paper shows how a crisis communications plan in that aspect can provide access to critical thinking and swift action at a time when such things are difficult, if not impossible.

Tags:crisis, communications, plan

Abstract
This paper is a discussion, and analysis of the fiscal crisis currently facing Argentina. The author details some of the causes of the current crisis, including defaulting on the debt, the devaluation of the country's peso and political corruption. The affects of the crisis on the region's stability, Argentina's trade relationships with Europe and the United States are also discussed. The turmoil within the country itself is discussed in detail, and the author also offers some creative solutions to the crisis.

From the Paper
"Despite criticism from some nations like Spain, who is heavily affected by Argentina's crisis, the International Monetary Fund (IMF) has so far refused to give any more aid to the country. However, many people blame the IMF for loaning "massive" amounts to Argentina earlier in their crisis, along with conditions requiring the country to tighten its fiscal policies. Now, Argentina is unable to repay these outstanding loans. Some of the over 130 million in debt was defaulted on in December, and "Critics say the IMF-imposed reforms have failed to work because they don't take into account the local situation. They argue that the insistence on debt repayment is what's brought Argentina to the brink of collapse" (Editors)"

Tags:economy, debt, peso, devaluation, corruption, europe, united, states, brazil, banking, unemployment, crisis, international, financial, loans, business, political, fiscal