The economic crisis and occupational stress

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 ch...

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Main Author: Fotinatos-Ventouratos, Ritsa
Corporate Author: Edward Elgar Publishing
Other Authors: Cooper, Cary L.
Format: eBook
Language:English
Published: Cheltenham Edward Elgar Pub. Ltd 2015
Series:New horizons in management
Subjects:
Online Access:
Collection: Edward Elgar eBooks Archive 1993-2015 - Collection details see MPG.ReNa
Summary: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.
pt. I. Economic review -- pt. II. Occupational stress in times of a changing world -- pt. III. Post economic crisis - from sustainability to wellbeing
'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.
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 leve ...
Physical Description:x, 142 p ill
ISBN:9781781000502
9781781000496