Federal programs to prepare for biological and chemical terrorist attacks are directed under a plethora of policies and contingency plans. Responses are either crisis management, which tries to stop terrorists or make arrests, and consequence management, which tries to restore governmental services. The Federal Response Plan outlines the tasks of Federal agencies during responses to terrorist attacks. Because of the uncertainty of the threat, GAO recommends that a risk management approach is necessary to increase domestic preparedness.
Because not all threats can be protected against, it is better to concentrate on those that provide the highest level of concern. Federal agencies have special teams, laboratories and training programs to prepare against a terrorist attack. And they have current research and development projects to fight terrorism.
The report identifies problems that need solutions so that preparedness efforts can be improved. Some of the problems are generally applicable to any type of terrorist event, while others are specific to biological and chemical events.
For generic terrorist events, the report found there could be problems on clear responsibilities of agencies, conflicting operational procedures between Federal and local agencies, and a lack of resource management and communications capabilities.
For biological and chemical attacks, the report saw problems when it came to public health surveillance, detection and risk assessment of the agents, a lack of specialized equipment, laboratories and vaccines, poor hospital decontamination procedures, poor distribution of pharmaceuticals, and poor quarantine planning. Additional Details Corporate Author. US Government Accountability Office. Sale Source. Don't have an account? All Rights Reserved. OSO version 0. University Press Scholarship Online.
Sign in. Not registered? Sign up. Publications Pages Publications Pages. Recently viewed 0 Save Search. Users without a subscription are not able to see the full content. Marcaillou Abstract The goal of asset—liability management ALM of a defined benefit pension scheme DB is to properly manage the risks related to variations occurring in its building blocks on both side of the balance sheet whilst keeping the same expected return. More The goal of asset—liability management ALM of a defined benefit pension scheme DB is to properly manage the risks related to variations occurring in its building blocks on both side of the balance sheet whilst keeping the same expected return.
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An LDI solution invests some of the pension scheme's assets to help manage liability risks. Pension payments stretch over many decades and their present value. The ultimate goal of LDI is to move beyond simple asset value maximisation and ensure that investors have sufficient funds to pay liabilities. This informative. The subject of this paper is the performance measurement of the investment process of liability-driven investors, e.g. insurance companies and pension funds.