Crisis Management in Developing Countries: A Comparative Analysis of International Best Practices

  • Hind DIOURANE Faculty of Law, Economics and Social Sciences of Souissi, Mohamed V University, Rabat, Morocco
  • Lalla Fatima-Zohra ALAMI TALBI soui

Abstract

This article analyzes international crisis management practices and proposes recommendations for their adaptation in developing countries, where economic, technological, and infrastructural constraints often complicate effective crisis management. Drawing on academic literature, international standards (ISO 22301), reports from international organizations, and comparative case studies, this study examines responses to natural, economic, and humanitarian crises in various regions of the world, the study focuses on countries in Africa (Senegal, Morocco, Ethiopia), Asia (Bangladesh, Vietnam), and the Middle East (Lebanon, Syria). These comparisons help identify the best international practices, such as the implementation of early warning systems, the strengthening of critical infrastructures, and the institutionalization of Business Continuity Plans (BCPs), which are essential to ensuring organizational resilience in the face of crises. The application of international standards like ISO 22301 in developing countries faces significant challenges, particularly due to the lack of financial resources and inadequate infrastructure. In response to these challenges, recommendations are proposed, including strengthening local capacities through training programs, integrating accessible technologies, and adapting crisis management strategies to local realities. The article emphasizes the importance of international cooperation to encourage the sharing of best practices and support for vulnerable countries. New approaches to governance and collaboration between the public and private sectors are also essential for more effective crisis management. Finally, the study explores the role of new technologies, such as artificial intelligence and drones, which offer innovative solutions to improve crisis management in developing countries.

 

Keywords: Crisis Management, Business Continuity, Organizational Resilience, International Comparison, Best Practices

JEL Classification : M10, L20, D81, F52

Type of Article: Theoretical Research

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Published
2024-12-08
How to Cite
DIOURANE, H., & ALAMI TALBI, L. F.-Z. (2024). Crisis Management in Developing Countries: A Comparative Analysis of International Best Practices. International Journal of Accounting, Finance, Auditing, Management and Economics, 5(12), 474-488. https://doi.org/10.5281/zenodo.14286198
Section
Articles