Politics, Democracy and Participation: What Role in the Society of Risk

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074).

Deadline for manuscript submissions: closed (30 November 2022) | Viewed by 4434

Special Issue Editor

Special Issue Information

Dear Colleagues,

The COVID-19 emergency has made it clear that, for much of the global population, society is divided. Some societies exist in a state of risk and inequality, factors that have increased at the same time that the ability of states to deal with them has decreased. Unfortunately, security and equal conditions cannot be guaranteed for all citizens; the market creates more problems than solutions, and the world of science and technology cannot offer the levels of certainty required by society. Risk might be related to a particular event, future, or uncertainty which can influence, in a positive or negative way, the achievement of certain results, and affect the stability of an individual or an entire organization. Risk is now the global horizon within which, as organizations and as individuals, we move and orient ourselves.

However, political participation constitutes a powerful and scarcely considered democratic infrastructure which can guarantee information, relief, and assistance that are not only material, but constitute the construction and reconstruction of social ties, the voice and protection of abandoned subjects, serve as a reminder of the reality of institutions, and offer support for operators and workers.

This Special Issue is focused on the multiple forms of participation in today's society of risk. Papers considered for inclusion might relate to, but are by no means limited to, the following topics:

  • Political risk;
  • Political participation;
  • Geopolitical risk;
  • Risk society and participation;
  • Inequality analysis.

Dr. Enrico Ivaldi
Guest Editor

Manuscript Submission Information

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Published Papers (2 papers)

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Research

13 pages, 1868 KiB  
Article
In the Midst of the Coronavirus and Geopolitical Crises—Inventory Efficiency and Challenges Faced in Finland
by Olli-Pekka Hilmola
J. Risk Financial Manag. 2023, 16(1), 12; https://0-doi-org.brum.beds.ac.uk/10.3390/jrfm16010012 - 26 Dec 2022
Cited by 1 | Viewed by 1785
Abstract
Before the COVID-19 pandemic, the world lived through loose monetary policy and low interest rates. These were further reinforced in 2020, and product-based demand increased throughout the world. Due to these, as well as the suddenly developing geopolitical crisis in Ukraine, inflation started [...] Read more.
Before the COVID-19 pandemic, the world lived through loose monetary policy and low interest rates. These were further reinforced in 2020, and product-based demand increased throughout the world. Due to these, as well as the suddenly developing geopolitical crisis in Ukraine, inflation started to accelerate (both consumer and producer), and this was especially the case in Europe. Therefore, there is a need for descriptive analysis on how trade and manufacturing companies have reacted to the existing multifaced crisis. This research used data of Finnish publicly traded companies. On the basis of the results, inventories increased in the longer term, especially in 2021 and 2022 (the first half of the year). Content analysis revealed reasons for inventory build-up in 2021–2022, with these being the result of many different causes. In some cases, business expansion or decline was said to be the reason, while in others, it was availability issues faced and purchasing price increases experienced. Interestingly, Russia was directly mentioned as a reason by only a few companies. Full article
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18 pages, 1450 KiB  
Article
Political Participation in the Risk Society: The Italian Case
by Marianna Bartiromo and Enrico Ivaldi
J. Risk Financial Manag. 2021, 14(9), 435; https://0-doi-org.brum.beds.ac.uk/10.3390/jrfm14090435 - 09 Sep 2021
Cited by 1 | Viewed by 2289
Abstract
The risk society has profoundly changed our way of life. Among the social phenomena most affected by its effects is undoubtedly political participation and the degree of trust in institutions. This work aims, through the construction of two different indices, to answer the [...] Read more.
The risk society has profoundly changed our way of life. Among the social phenomena most affected by its effects is undoubtedly political participation and the degree of trust in institutions. This work aims, through the construction of two different indices, to answer the question “How does the risk society influence conventional participation and trust in institutions?”. The Indagine Multiscopo sulle famiglie and the Benessere Equo Sostenibile surveys provide a complete set of indicators to assess specific aspects of Italian daily life and well-being. This work uses a series of data from these surveys to analyze political participation and trust in institutions in Italy in 2019 at regional level using two composite indices obtained through the application of the MPI method. The result of this paper shows no particular effects of the risk society on conventional forms of political participation. Instead, the effects of the risk society are fully visible on levels of trust in institutions. Full article
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