A special issue of Risk & Regulation brings together the Centre for Analysis of Risk and Regulation's (CARR) multidisciplinary expertise to address the current financial crisis. The articles present some reflections and reactions on the crisis from CARR staff. A broad and interconnected social science perspective is provided and particular attention is paid to the social construction of failure. Also, dangers of rapid policy responses driven more by expedience than diagnosis are emphasized while urging the need to take into account the transnational and cultural dimensions of the crisis.
Articles include:
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Social systems failure? Trust and the credit crunch
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When markets and models fail: rethinking risk, regulation and the state
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The risk management of nothing
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Towards a new age of regulation?
Ends
Contact: Pranav Bihari, CARR, at 020 7849 4635 or risk@lse.ac.uk|