Crisis risk and risk management
评估了危机风险的研究现状，发现某些危机在考虑风险交互时可预测，但另一些则不可预测；经济危机在政治危机后更可能发生，而企业运营和财务灵活性可减轻危机冲击。
Abstract We assess the state of knowledge about crisis risk and its implications for risk management. Data that became available after the global financial crisis show that some types of crises are predictable when accounting for interactions between risks. However, other types of crises do not seem predictable. There is no evidence that the frequency of economic and financial crises is increasing. While data show that an economic crisis is more likely following a political crisis, there is no comparable evidence for climate events. Strategies that increase firm operational and financial flexibility reduce the adverse impact of crises on firms.