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> How to Assess True Macroeconomic Risk

商品編號: R2404E
出版日期: 2024/07/01
作者姓名:
Carlsson-Szlezak, Philipp;Swartz, Paul
商品類別: Other
商品規格: 3544w

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個案年度: -  

 


商品敘述:

In this article, adapted from the forthcoming book Shocks, Crises, and False Alarms, the authors explain how economic analysis works in the real world. They lay out three principles for navigating the rising number of economic risks: (1) Don''t put too much stock in any one economic model. (2) Ignore the doomsayers in the financial press. (3) Cultivate rational optimism and an eclectic form of judgment that draws on multiple sources. That involves identifying the critical drivers of potential risk, building a narrative, and pressure-testing it from multiple perspectives. The "dismal science" of economics and our clickbait culture of public discourse are a perfect match to fuel simplistic narratives of doom. To avoid false alarms and achieve a true assessment of macroeconomic risks, the authors write, leaders should look past both to reclaim their own judgment.


涵蓋領域:

Risk management;Financial crisis;Business models;Economics;Leadership qualities;Crisis management;Covid;Economic cycles and trends;Financial markets


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