In reaction to the international financial crisis of 2007, a network of social scientists from seven countries analyzed the various changes in the regulation of financial markets, and this book presents their results. The articles published herein show patterns of institutional change that were triggered by the economic crisis on different political levels, of their implementation and effectiveness, as well as their results. An indispensible tool for political scientists, Crisis and Control contributes significantly to the theory of institutional change.

Dr. Anja Reissberg was born in Munich and studied Economic Geography at the Ludwig-Maximilians University. She holds a PhD in Geography from the University of Hawai'i at Manoa, USA where she deepened her focus on the interface of natural disasters, the economy and society, specifically human-induced social, economic, environmental and cultural vulnerabilities researching in particular the functioning of the Hawai’ian hurricane hazard management system. For coping with the extreme complexity, interconnectivity and dynamics of such challenges for the first time she applied the most innovative and powerful cybernetic tool of the (so called) Viable System Model which led her to entirely new and highly relevant insights into the inner workings and deep structures of the organizations involved and, most importantly, reasons for inefficiencies and mismanagement.