The Economic Crisis and Occupational Stress
Ritsa Fotinatos-Ventouratos and Cary Cooper
Chapter 4: The psychological implications of the economic crisis
Ritsa Fotinatos-Ventouratos and Cary Cooper
Extract
In Part I of this book we concluded that historical economic lessons from the past were not learnt. It is in this second part of the book, ‘Occupational stress in times of a changing world’, that we will assess, in three chapters, how occupational stress in the twenty-first century has impacted on all of us. We are all going through extremely turbulent economic times, which have adversely affected most families, businesses, workers and countries in their ability to survive, and it is exactly these issues that need to be explored. In this chapter we will outline psychological implications of the economic crisis, and in the forthcoming chapters, 5 and 6, we will cover the costs of stress to us personally, both physically and psychologically, as well as the costs for our businesses and countries.
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