Systemic Risk: A new Challenge for Risk Management. The Case of BSE

Systemic Risk: A new Challenge for Risk Management. The Case of BSE

Main Interest |

The OECD project “Systemic Risk Group” was directed at analysing country-specific reactions to systemic risks from the environment and health fields as well as proposing improved management strategies and approaches for institutional reforms. For this purpose, three comparative case studies were conducted, concerning BSE, “green” genetic engineering and climate change. SINE was asked by the Institute for Technology Assessment and Systems Analysis (ITAS) in Stuttgart to conduct the BSE case study with the focus on BSE as systemic risk.


SINE-Mandate |

Tasks of SINE included:

  • Connecting the systemic risk “BSE” to a theoretic frame concept proposed by Renn, Klinke and Kastenholz
  • Analyzing political reactions of selected case study countries on the basis of the collected data
  • Identifying and analyzing of institutional deficits and practiced forms of risk management as well as the proposal of improvements


Methods |

  • Creating a connection to the theory: BSE as systemic risk?
  • Content analysis of reports, websites and existing risk management strategies regarding BSE and CJD
  • Integration of existing studies on BSE as a cross-border risk


Results |

The results of the study have been published by the OECD systemic risk group:
OECD (2004) Emerging Risks in the 21st Century: An Agenda for Action. Brookings Institution, U.S


Responsible | Dr. Kerstin Dressel