Економіка та суспільство (Jun 2024)

OPTIMIZATION OF INFORMATIONAL AND FINANCIAL FLOWS AS CRISIS MANAGEMENT’S TOOL

  • Єлизавета Михайлова,
  • Наталія Савіна ,
  • Петро Радовенчук

DOI
https://doi.org/10.32782/2524-0072/2024-64-60
Journal volume & issue
no. 64

Abstract

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Effective crisis management hinges on the optimized management of informational and financial flows, essential for mitigating impacts and facilitating recovery across various sectors. This paper explores the theoretical foundations and practical applications of informational and financial flows in crisis contexts, emphasizing their critical roles in preparedness, response, recovery, and mitigation phases. Through analysis of case studies it examines how timely and accurate information dissemination, coupled with swift financial interventions, can enhance crisis outcomes. Strategies such as integrated information systems, efficient financial mechanisms, and collaborative frameworks are proposed to optimize crisis response capabilities. Continued research and innovation are advocated to strengthen resilience and readiness in managing future crises, underscoring the importance of proactive approaches to build robust global systems and communities.

Keywords