Do countries need chief risk officers for this scary world?
Better and more sophisticated risk monitoring is essential, particularly at international institutions, given the deep global interconnectedness of risks today.
Prime Minister Justin Trudeau at the 2018 World Economic Forum in Davos. The WEF's 2023 pegs Canada’s top five risks over the next two years as the cost-of-living crisis, a debt crisis, rapid and/or sustained inflation, the failure of climate change adaptation, and an asset bubble burst, write Kevin Lynch and Paul Deegan. Valeriano Di Domenico photograph courtesy of the World Economic Forum