Does the economic crisis concern you? The highly competent Greek
and British co-authors of this book answer in the affirmative. They
demonstrate the close and vicious interrelationships between human
attitudes and behavior on the one hand, and unemployment,
overemployment, poverty, mortgage default and human ill health and
suffering on the other. We need to learn from this important book's
recent and scarring lessons.' - Lennart Levi, Member of the Swedish
Parliament 2006 2010, Karolinska Institutet, Stockholm, Sweden'This
book is a must for those who want to understand in detail the
profound impact and emotional toll the economic crisis had on
individuals, organizations and the nature of work. No part of
society has been left untouched. The books strength lies not just
in the mapping of the costs and consequences but in the well-being
agenda it sets for the future.' - Philip Dewe, University of
London, UK 'This volume is timely. As the authors note, the global
economic recession of 2008, from which we are still recovering,
looks very much like the Great Depression of the late 1920s. They
identify several causes of the 2008 crisis and consider individual
and organizational costs of these events. These costs, compounded
by changes in the larger organizational and global context, will
last a long time. Their guidance on improving individual,
organizational and societal health is workable.' - Ronald J. Burke,
Schulich School of Business, York University, Canada The global
economic crisis of 2008 caused the collapse of the world s
financial institutions, large-scale unemployment, the devaluing of
housing stocks leading to mortgage defaults and left many countries
in debt, unable to meet their financial obligations. The
consequences of this in the workplace were substantial and for
those who remained employed, longer working hours, heavier
workloads, an insecure working environment and micro-management
became manifest. Examining the impact of the recession on
organizations and individuals at work, this book explores the long
lasting effect the crisis will have on workplaces for the future.
The book is divided into three parts: in Part I, a historical
economic review is provided for the reader. In Part II, an
assessment is given on how occupational stress in the 21st Century
has impacted the working environment in a host of negative ways. In
Part III, the authors address unique coping strategies to be
applied at the individual, organizational and societal levels in
the future. An insightful and thorough account of how the economic
crisis has unfolded on an international scale is presented and the
profound psychological impact that this recession has had on the
workplace assessed. Such comprehension will be invaluable for
students and academics in the social sciences, organizational and
social psychologists and practitioners of occupational health.
Contents: Part I: Economic Review 1. Introduction 2. The Origin of
the Economic Crisis 3. Lessons Learnt from the Past Part II:
Occupational Stress In Times of a Changing World 4. The
Psychological Implications of the Economic Crisis 5. The Individual
and Organizational Costs of Stress 6. The Consequences of
Occupational Stress in Times of a Changing Economic World Part III:
Post Economic Crisis - From Sustainability to Wellbeing 7.
Organizational Effectiveness and Wellbeing at Work: Post Economic
Crisis 8. Individual and Societal Wellbeing: An Agenda for the
Future: Post Economic Crisis References Index
General
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