SGV partners, managers briefed on economic and country risk assessment

SGV partners and managers attended an economic and country risk assessment briefing by noted economist Dr. Thierry Apoteker of TAC Applied Economic and Financial Research. The briefing was organized by the Financial Services Risk Management (FSRM) Group. FSRM partner and Regional Director of the Global Association of Risk Professionals Ian Lauron invited Dr. Apoteker.

Dr. Apoteker discussed the global risk outlook, expounding on possible risk scenarios and which countries are most likely to be affected by another economic downturn. He also mapped the risk profiles of different countries in such areas as sensitivity to transmission risks, growth balance, foreign exchange and banking system balance. He also presented the economic and financial risk rating of the country where the Philippines showed relative resiliency to transmission risk and an improvement in economic risk evaluation.