Risk Management
The recent intervention of government bailouts in the world economy has made markets more complex by introducing a new political risk to be managed, writes The New Yorker.
The recent intervention of government bailouts in the world economy has made markets more complex by introducing a new political risk to be managed, writes The New Yorker. “Political risk adds new complexity to markets, and, as Nassim Taleb, the author of ‘The Black Swan,’ recently said, ‘As the system gets more complex, it becomes harder to forecast.'”