The Role of Risk Management in Promoting E-Commerce and Public Health in Emerging Markets

Abstract

This study explores the role of risk management in enhancing e-commerce and public health in emerging markets. As these sectors evolve rapidly, they face multifaceted risks influenced by economic volatility, regulatory inconsistencies, and technological advancements. Through qualitative analysis, key themes such as risk awareness, regulatory challenges, technological adaptation, and stakeholder collaboration are identified. The findings reveal a heightened awareness of risks among stakeholders, especially in light of recent global events such as the COVID-19 pandemic. However, inconsistent regulations and inadequate technological infrastructure present significant barriers to effective risk management. Recommendations include establishing cohesive regulatory frameworks and investing in technology and training to empower stakeholders. By fostering collaboration among businesses, government entities, and healthcare organizations, emerging markets can create resilient systems that enhance public health outcomes and promote sustainable economic growth. This study contributes to the existing literature by providing a comprehensive overview of the current status and future prospects of risk management in e-commerce and public health, offering valuable insights for policymakers and practitioners.