Risk Management in Public Administration

Editors: Konrad Raczkowski



Explores the complex and multifaceted nature of risk management in public administration

Draws on financial, economic, and management theory

Features contributions on the European tax gap in personal income taxes and VAT carousel fraud in selected European countries

Includes a large number of case studies

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.

Table of contents

Front Matter

What Does Risk Management in an Economy Really Mean?

Elimination of Exchange Rate Risk in TTIP by Inclusion of a Clause Linking Dollar and Euro

The Effect of Countries’ Credit Ratings on Credit Default Swap Spreads

Risk Analysis as an Instrument of Public Management

Multidimensionality of Risk in Public Safety Management Processes

Early Warning Concept in Identifying Risks in Business Activity

Risk Perception in the Activity of Social Enterprises

Identification of Risks Related to the Operations in the Internet

Intellectual Capital Risk Management for Knowledge-Based Organizations

Regulatory Risk in the EU Banking Sector

The Financial Distress of Public Sector Entities, Causes and Risk Factors. Empirical Evidence from Europe in the Post-crisis Period

Impact of Insurance Companies’ Investment Policy on Risk Management in the Public Sector

Personal Income Tax and the Risk of Revenue Fluctuations in the European Union

VAT Fraud in Selected European Union Countries and Its Possible Macroeconomic Implications

Back Matter