The attention currently received by the European Union on a global scale is no longer based on a previously assumed attraction it portrayed as a role model for regional integration. Paradoxically, the Euro crisis may have been rooted in the attempt to establish a monetary union of economically diverse member states without also providing for…
This article explores the developing concept of global risks and highlights how the study and management of systemic risk has become a major challenge to multinational business. Lloyd’s 360 Risk Insight research platform serves as an example. Special reference is given to the recent report Globalisation and Risks for Business – Implications of an increasingly…
