Beyond the Covid Shock

Download Beyond the Covid Shock PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 226 pages
Book Rating : 4.7/5 (488 download)

DOWNLOAD NOW!


Book Synopsis Beyond the Covid Shock by : Thomas Matula

Download or read book Beyond the Covid Shock written by Thomas Matula and published by . This book was released on 2021-05-04 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2020 a new virus, Covid-19, unleashed a pandemic on the world. As cases of virus soared into the tens of millions, and deaths tolls climbed, people struggled to contain it, governments enacted lock-downs, quarantines and travel restrictions in attempts to stop the pandemic. The consequence generated the worst economic crash since the Depression of the 1930s. The economy of America and the world would be forever changed. Written by economic scholars, the book explains how pandemics produce inevitable forces that result in a Great Economic Transition. The authors carefully outline the forces that are shaping the future. This book prepares the reader for the great transition of the American economy beyond the shock of the Covid pandemic, as it lends real guidance for how you can capture opportunities during the economic reset.

Financial Transformations Beyond The Covid-19 Health Crisis

Download Financial Transformations Beyond The Covid-19 Health Crisis PDF Online Free

Author :
Publisher : World Scientific
ISBN 13 : 1800610793
Total Pages : 857 pages
Book Rating : 4.8/5 (6 download)

DOWNLOAD NOW!


Book Synopsis Financial Transformations Beyond The Covid-19 Health Crisis by : Sabri Boubaker

Download or read book Financial Transformations Beyond The Covid-19 Health Crisis written by Sabri Boubaker and published by World Scientific. This book was released on 2022-05-18 with total page 857 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 global health pandemic, which started in late December 2019, forced many countries to adopt unusual measures such as social distancing and strict lockdowns. It changed many of our certainties and practices, including the foundations of the market-led version of capitalism, by bringing social and health considerations back to the forefront of firms' considerations, investors' strategies and governments' priorities. Under the effects of this unprecedented crisis, all sectors of finance and real economy have been seriously affected.Health uncertainties and their increasing consequences for human life and activities require stronger and faster actions to shape pathways towards sustainability and better resilience. The COVID-19 health crisis is a visible part of a greater iceberg: the World Health Organization has tracked, over recent years, a large number of epidemic events around the world, suggesting that many other similar diseases could appear and evolve in the future from epidemic to pandemic in a globalized world.Financial Transformations Beyond the COVID-19 Health Crisis was specifically designed to provide the readers with new results, recent findings and future outlook on the impacts of COVID-19 on financial markets, firm behaviors, and finance and investment strategies. It favors multidimensional perspectives and brings together conceptual, empirical and policy-oriented chapters, using quantitative and qualitative methods alike. This is a timely and comprehensive collection of theoretical, empirical and policy contributions from renowned scholars around the world, and provides the thoughts and insights required to rethink the financial sector in the event of new shocks of the same nature.

Post Corona

Download Post Corona PDF Online Free

Author :
Publisher : Penguin
ISBN 13 : 0593332210
Total Pages : 258 pages
Book Rating : 4.5/5 (933 download)

DOWNLOAD NOW!


Book Synopsis Post Corona by : Scott Galloway

Download or read book Post Corona written by Scott Galloway and published by Penguin. This book was released on 2020-11-24 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: New York Times bestseller! "Few are better positioned to illuminate the vagaries of this transformation than Galloway, a tech entrepreneur, author and professor at New York University’s Stern School. In brisk prose and catchy illustrations, he vividly demonstrates how the largest technology companies turned the crisis of the pandemic into the market-share-grabbing opportunity of a lifetime." --The New York Times "As good an analysis as you could wish to read." --The Financial Times From bestselling author and NYU Business School professor Scott Galloway comes a keenly insightful, urgent analysis of who stands to win and who's at risk to lose in a post-pandemic world The COVID-19 outbreak has turned bedrooms into offices, pitted young against old, and widened the gaps between rich and poor, red and blue, the mask wearers and the mask haters. Some businesses--like home exercise company Peloton, video conference software maker Zoom, and Amazon--woke up to find themselves crushed under an avalanche of consumer demand. Others--like the restaurant, travel, hospitality, and live entertainment industries--scrambled to escape obliteration. But as New York Times bestselling author Scott Galloway argues, the pandemic has not been a change agent so much as an accelerant of trends already well underway. In Post Corona, he outlines the contours of the crisis and the opportunities that lie ahead. Some businesses, like the powerful tech monopolies, will thrive as a result of the disruption. Other industries, like higher education, will struggle to maintain a value proposition that no longer makes sense when we can't stand shoulder to shoulder. And the pandemic has accelerated deeper trends in government and society, exposing a widening gap between our vision of America as a land of opportunity, and the troubling realities of our declining wellbeing. Combining his signature humor and brash style with sharp business insights and the occasional dose of righteous anger, Galloway offers both warning and hope in equal measure. As he writes, "Our commonwealth didn't just happen, it was shaped. We chose this path--no trend is permanent and can't be made worse or corrected."

Building State Capability

Download Building State Capability PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0198747489
Total Pages : 276 pages
Book Rating : 4.1/5 (987 download)

DOWNLOAD NOW!


Book Synopsis Building State Capability by : Matt Andrews

Download or read book Building State Capability written by Matt Andrews and published by Oxford University Press. This book was released on 2017 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments play a major role in the development process, and constantly introduce reforms and policies to achieve developmental objectives. Many of these interventions have limited impact, however; schools get built but children don't learn, IT systems are introduced but not used, plans are written but not implemented. These achievement deficiencies reveal gaps in capabilities, and weaknesses in the process of building state capability. This book addresses these weaknesses and gaps. It starts by providing evidence of the capability shortfalls that currently exist in many countries, showing that many governments lack basic capacities even after decades of reforms and capacity building efforts. The book then analyses this evidence, identifying capability traps that hold many governments back - particularly related to isomorphic mimicry (where governments copy best practice solutions from other countries that make them look more capable even if they are not more capable) and premature load bearing (where governments adopt new mechanisms that they cannot actually make work, given weak extant capacities). The book then describes a process that governments can use to escape these capability traps. Called PDIA (problem driven iterative adaptation), this process empowers people working in governments to find and fit solutions to the problems they face. The discussion about this process is structured in a practical manner so that readers can actually apply tools and ideas to the capability challenges they face in their own contexts. These applications will help readers devise policies and reforms that have more impact than those of the past.

COVID-19 and Society

Download COVID-19 and Society PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 3031131428
Total Pages : 323 pages
Book Rating : 4.0/5 (311 download)

DOWNLOAD NOW!


Book Synopsis COVID-19 and Society by : Mustafa Polat

Download or read book COVID-19 and Society written by Mustafa Polat and published by Springer Nature. This book was released on 2022-11-16 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book presents a collection of expert insights into the impacts of COVID-19 in a broader socio-economic context. In each chapter, the authors identify the current impact of COVID-19 by demonstrating transformative signals and project these signals to the future by considering their alternative futures and implications. The book emphasizes that dealing with major global pandemics like COVID-19 requires all countries and regions to take different, but synchronized measures to decrease its socio-economic effects in the short, medium and long run. The consequences of COVID-19 will go beyond medicine to cover all other aspects of life and are bound to change the nature of organizations. Moving beyond the medical viewpoint, the experts in this book discuss the topic from multi-dimensional and multi-disciplinary angles by focusing on the domains of technology, business, finance, marketing, law, public administration, and education.

Beyond Covid-19: Multidisciplinary Approaches And Outcomes On Diverse Fields

Download Beyond Covid-19: Multidisciplinary Approaches And Outcomes On Diverse Fields PDF Online Free

Author :
Publisher : World Scientific
ISBN 13 : 1800611463
Total Pages : 326 pages
Book Rating : 4.8/5 (6 download)

DOWNLOAD NOW!


Book Synopsis Beyond Covid-19: Multidisciplinary Approaches And Outcomes On Diverse Fields by : Sefika Sule Ercetin

Download or read book Beyond Covid-19: Multidisciplinary Approaches And Outcomes On Diverse Fields written by Sefika Sule Ercetin and published by World Scientific. This book was released on 2022-05-20 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: While humanity continues to grapple with COVID-19 and its ramifications, Beyond COVID-19: Multidisciplinary Approaches and Outcomes on Diverse Fields provides a unique opportunity to foresee the repercussions of the pandemic across a range of fields through the lens of chaos and complexity theory. This book takes COVID-19 as a holistic event, providing an interesting analysis of this chaotic phenomenon with the contributions of multidisciplinary scholars. The expert views within this book come from a wide range of fields, from international relations to education and from sociology to law.Unique in terms of its content and contributions, the chapters within explore the various consequences of COVID-19 with the aim of attracting the attention of researchers, postgraduate students, practitioners, and policymakers.

How China Escaped Shock Therapy

Download How China Escaped Shock Therapy PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 042995395X
Total Pages : 256 pages
Book Rating : 4.4/5 (299 download)

DOWNLOAD NOW!


Book Synopsis How China Escaped Shock Therapy by : Isabella M. Weber

Download or read book How China Escaped Shock Therapy written by Isabella M. Weber and published by Routledge. This book was released on 2021-05-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.

Learning from SARS

Download Learning from SARS PDF Online Free

Author :
Publisher : National Academies Press
ISBN 13 : 0309182158
Total Pages : 376 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Learning from SARS by : Institute of Medicine

Download or read book Learning from SARS written by Institute of Medicine and published by National Academies Press. This book was released on 2004-04-26 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of severe acute respiratory syndrome (SARS) in late 2002 and 2003 challenged the global public health community to confront a novel epidemic that spread rapidly from its origins in southern China until it had reached more than 25 other countries within a matter of months. In addition to the number of patients infected with the SARS virus, the disease had profound economic and political repercussions in many of the affected regions. Recent reports of isolated new SARS cases and a fear that the disease could reemerge and spread have put public health officials on high alert for any indications of possible new outbreaks. This report examines the response to SARS by public health systems in individual countries, the biology of the SARS coronavirus and related coronaviruses in animals, the economic and political fallout of the SARS epidemic, quarantine law and other public health measures that apply to combating infectious diseases, and the role of international organizations and scientific cooperation in halting the spread of SARS. The report provides an illuminating survey of findings from the epidemic, along with an assessment of what might be needed in order to contain any future outbreaks of SARS or other emerging infections.

Effects of COVID-19 and other shocks on Papua New Guinea’s food economy: A multi-market simulation analysis

Download Effects of COVID-19 and other shocks on Papua New Guinea’s food economy: A multi-market simulation analysis PDF Online Free

Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis Effects of COVID-19 and other shocks on Papua New Guinea’s food economy: A multi-market simulation analysis by : Diao, Xinshen

Download or read book Effects of COVID-19 and other shocks on Papua New Guinea’s food economy: A multi-market simulation analysis written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2021-02-19 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding how the Papua New Guinea (PNG) agricultural economy and associated household consumption is affected by climate, market and other shocks requires attention to linkages and substitution effects across various products and the markets in which they are traded. In this study, we use a multi-market simulation model of the PNG food economy that explicitly includes production, consumption, external trade and prices of key agricultural commodities to quantify the likely impacts of a set of potential shocks on household welfare and food security in PNG. In this study, we use a multi-market simulation model of the PNG food economy that explicitly includes production, consumption, external trade and prices of key agricultural commodities to quantify the likely impacts of a set of potential shocks on household welfare and food security in PNG. We have built the model to be flexible in order to explore different potential scenarios and then identify where and how households are most affected by an unexpected shock. The model is designed using region and country-level data sources that inform the structure of the PNG food economy, allowing for a data-driven evaluation of potential impacts on agricultural production, food prices, and food consumption. Thus, as PNG confronts different unexpected challenges within its agricultural economy, the model presented in this paper can be adapted to evaluate the potential impact and necessary response by geographic region of an unexpected economic shock on the food economy of the country. We present ten simulations modeling the effects of various shocks on PNG’s economy. The first group of scenarios consider the effects of shocks to production of specific agricultural commodities including: 1) a decrease on maize and sorghum output due to Fall Armyworm; 2) reduction in pig production due to a potential outbreak of African Swine Fever; 3) decline in sweet potato production similar to the 2015/16 El Niño Southern Oscillation (ENSO) climate shock; and 4) a decline in poultry production due to COVID-19 restrictions on domestic mobility and trade. A synopsis of this report, which focuses on the COVID-19 related shocks on the PNG economy is also available online (Diao et al., 2020).1 The second group of simulations focus on COVID-19-related changes in international prices, increased marketing costs in international and domestic trade, and reductions in urban incomes. We simulate a 1) 30 percent increase in the price of imported rice, 2) a 30 percent decrease in world prices for major PNG agricultural exports, 3) higher trade transaction costs due to restrictions on the movement of people (traders) and goods given social distancing measures of COVID-19, and 4) potential economic recession causing urban household income to fall by 10 percent. Finally, the last simulation considers the combined effect of all COVID-19 related shocks combining the above scenarios into a single simulation. A key result of the analysis is that urban households, especially the urban poor, are particularly vulnerable to shocks related to the Covid-19 pandemic. Lower economic activity in urban areas (assumed to reduce urban non-agricultural incomes by 10 percent), increases in marketing costs due to domestic trade disruptions, and 30 percent higher imported rice prices combine to lower urban incomes by almost 15 percent for both poor and non-poor urban households. Urban poor households, however, suffer the largest drop in calorie consumption - 19.8 percent, compared to a 15.8 percent decline for urban non-poor households. Rural households are much less affected by the Covid-19 related shocks modeled in these simulations. Rural household incomes, affected mainly by reduced urban demand and market disruptions, fall by only about four percent. Nonetheless, calorie consumption for the rural poor and non-poor falls by 5.5 and 4.2 percent, respectively.

COVID-19

Download COVID-19 PDF Online Free

Author :
Publisher : Vij Books India Pvt Ltd
ISBN 13 : 939043968X
Total Pages : 239 pages
Book Rating : 4.3/5 (94 download)

DOWNLOAD NOW!


Book Synopsis COVID-19 by : Nivedita Das Kundu

Download or read book COVID-19 written by Nivedita Das Kundu and published by Vij Books India Pvt Ltd. This book was released on 2021-05-31 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: COVID-19 pandemic has created the most significant disruption of education systems that history has ever recorded in all continents. Closures of schools and other learning spaces have impacted hugely on the world’s student population. The book contributes to the debate on experiences during the pandemics by portraying the virus's continued virulence, education disruption, impact on the social and economic sectors, medical concerns, and local and global responses. The book provides a variety of stimulated innovations within the education sector, approaches in support of education and training continuity, the accelerated changes in modes of delivering quality education, distance learning problems and the promising future of learning. Case Studies from different countries in Africa, Asia, Europe and North America have examined the massive efforts made in a short time to respond to the shocks to local and global education systems. The COVID-19 crisis and the unparalleled education disruption is far from over. So, what is the way forward? The research chapters provide experiences and new perspectives of stopping a learning crisis from becoming a generational cataclysm.

Sectoral Shocks and Spillovers: An Application to COVID-19

Download Sectoral Shocks and Spillovers: An Application to COVID-19 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513587390
Total Pages : 26 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Sectoral Shocks and Spillovers: An Application to COVID-19 by : Mr. Sonali Das

Download or read book Sectoral Shocks and Spillovers: An Application to COVID-19 written by Mr. Sonali Das and published by International Monetary Fund. This book was released on 2021-07-30 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of sectoral spillovers in propagating sectoral shocks in the broader economy, both in the past and during the COVID-19 pandemic. In particular, we study how shocks that occur within a sector itself and spillovers from shocks to other sectors affect sectoral activity, for a large sample of countries from 1995 to 2014. We find that both supply and demand shocks—measured as changes in, respectively, productivity and government purchases at the sector level—have large spillover effects on sector-level gross value added and on a sector’s share of the economy. We then use these historical estimates, together with the network structure of global production, to quantify the spillovers from the economic shock associated with the pandemic. We find spillover effects to be sizeable, making up a significant fraction of the overall decline in activity in 2020.Our results have implications for the design of policies with a sectoral dimension.

Behind the Shock Machine

Download Behind the Shock Machine PDF Online Free

Author :
Publisher : New Press, The
ISBN 13 : 1595589252
Total Pages : 354 pages
Book Rating : 4.5/5 (955 download)

DOWNLOAD NOW!


Book Synopsis Behind the Shock Machine by : Gina Perry

Download or read book Behind the Shock Machine written by Gina Perry and published by New Press, The. This book was released on 2013-09-03 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: When social psychologist Stanley Milgram invited volunteers to take part in an experiment at Yale in the summer of 1961, none of the participants could have foreseen the worldwide sensation that the published results would cause. Milgram reported that fully 65 percent of the volunteers had repeatedly administered electric shocks of increasing strength to a man they believed to be in severe pain, even suffering a life-threatening heart condition, simply because an authority figure had told them to do so. Such behavior was linked to atrocities committed by ordinary people under the Nazi regime and immediately gripped the public imagination. The experiments remain a source of controversy and fascination more than fifty years later. In Behind the Shock Machine, psychologist and author Gina Perry unearths for the first time the full story of this controversial experiment and its startling repercussions. Interviewing the original participants—many of whom remain haunted to this day about what they did—and delving deep into Milgram's personal archive, she pieces together a more complex picture and much more troubling picture of these experiments than was originally presented by Milgram. Uncovering the details of the experiments leads her to question the validity of that 65 percent statistic and the claims that it revealed something essential about human nature. Fleshed out with dramatic transcripts of the tests themselves, the book puts a human face on the unwitting people who faced the moral test of the shock machine and offers a gripping, unforgettable tale of one man's ambition and an experiment that defined a generation.

The Shock Doctrine

Download The Shock Doctrine PDF Online Free

Author :
Publisher : Metropolitan Books
ISBN 13 : 1429919485
Total Pages : 721 pages
Book Rating : 4.4/5 (299 download)

DOWNLOAD NOW!


Book Synopsis The Shock Doctrine by : Naomi Klein

Download or read book The Shock Doctrine written by Naomi Klein and published by Metropolitan Books. This book was released on 2010-04-01 with total page 721 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling author of No Logo shows how the global "free market" has exploited crises and shock for three decades, from Chile to Iraq In her groundbreaking reporting, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers. The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq. At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.

Beyond Covid-19

Download Beyond Covid-19 PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.6/5 (389 download)

DOWNLOAD NOW!


Book Synopsis Beyond Covid-19 by : Ndumiso Matlala

Download or read book Beyond Covid-19 written by Ndumiso Matlala and published by . This book was released on 2020-04-20 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: While acknowledging the multi-faceted nature of the Covid-19 phenomenon, this book is about the economic and geo-political dimensions of the crisis and how the global economy can be extricated from what is set to be the deepest global recession in the history of mankind and be restored on a high growth trajectory.

Democracy in the Time of Coronavirus

Download Democracy in the Time of Coronavirus PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226815625
Total Pages : 134 pages
Book Rating : 4.2/5 (268 download)

DOWNLOAD NOW!


Book Synopsis Democracy in the Time of Coronavirus by : Danielle Allen

Download or read book Democracy in the Time of Coronavirus written by Danielle Allen and published by University of Chicago Press. This book was released on 2022-02-16 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Democracy in crisis -- Pandemic resilience -- Federalism is an asset -- A transformed peace: an agenda for healing our social contract.

The Unequal Pandemic

Download The Unequal Pandemic PDF Online Free

Author :
Publisher : Policy Press
ISBN 13 : 1447361237
Total Pages : 198 pages
Book Rating : 4.4/5 (473 download)

DOWNLOAD NOW!


Book Synopsis The Unequal Pandemic by : Bambra, Clare

Download or read book The Unequal Pandemic written by Bambra, Clare and published by Policy Press. This book was released on 2021-06-15 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: EPDF and EPUB available Open Access under CC-BY-NC- ND This accessible, yet authoritative book shows how the pandemic is a syndemic of disease and inequality. It argues that these inequalities are a political choice and we need to learn quickly to prevent growing inequality and to reduce health inequalities in the future.

Crisis

Download Crisis PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 150950320X
Total Pages : 174 pages
Book Rating : 4.5/5 (95 download)

DOWNLOAD NOW!


Book Synopsis Crisis by : Sylvia Walby

Download or read book Crisis written by Sylvia Walby and published by John Wiley & Sons. This book was released on 2015-10-30 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.