Explores the differential effects of recession on public and private sector organizations in America, Europe, and Asia.
This book explores the differential effects of recession on public and private sector organizations in America, Europe, and Asia. In America, the last recession led private sector firms to lower their break-even points and the government to seek new sources of tax revenue. In Europe, both the public and private sector organizations focused on the outflow of jobs and the rise in unemployment due to high labor costs, high public support program costs, and the failure of the European Community to become a Common Market. In Asia, Japan underwent a large emigration of production offshore due to the high yen to dollar ratio, a lengthy recession, and a massive government aid program which failed. In Australia and China, the economies recovered from recession and both public and private sector organizations have designed new strategies to keep the economy moving.
Sarah Sanderson King is Professor of Communication at Central Connecticut State University, and coeditor of the SUNY series in International Management. Donald P. Cushman is Professor of Communication at State University of New York at Albany, and coeditor of the SUNY series, Human Communication Processes. Among the books the two have written are Political Communication: Engineering Visions of Order in the Socialist World; High-Speed Management and Organizational Communication in the 1990's: A Reader; Communicating Organizational Change: A Management Perspective; Communication and High-Speed Management; and Continuously Improving an Organization's Performance all published by SUNY Press.
"This is a unique text that not only discusses problems of recession, but also analyzes its impacts on industrial/organizational stability. It provides very useful answers on how to prevent recession from happening, and also on how to deal with it successfully if and whenever it occurs. Of particular importance is the role which communication—verbal and nonverbal, interpersonal and mass media—can (should) play to ensure intelligent and effective handling of recessions and their possible consequences." — Andrew A. Moemeka, editor of Communicating for Development: A New Pan-Disciplinary Perspective