. After the global crisis of 2008-2009, the world economy entered the era of restructuring. This article focuses on the … risks that a new leader will face in the process of shaping the world economy. The methods employed in the research include … combination of world financial system crises and general civilization problems. These new systemic risks for the world economy …

the importance of idiosyncratic entrepreneurial risk -- a risk that introduces, not only a precautionary motive for saving …

systemic real risk realizations; (c) financial integration fosters domestic financial development and the liquidity of equity … in the form of improved countries' growth prospects and lower systemic real risk …

We study a pricing model for global and local sources of risk in six Eastern European emerging stock markets. Utilizing … these markets display considerable segmentation; the aggregate emerging market risk, as opposed to global market risk, is … the significant driver for their stock market returns. It also appears that currency risk is priced into stock prices. The …