Chapter 3 A matrix of risk governance – organizational behavior
The global economy has shifted in profound ways. The financial markets in the US have experienced the longest period of positive expansion in history through January 2022.1 If markets climb a wall of worry, there has been plenty to worry about as we enter a third wave of Covid. Even so key economic indicators tell a different story to date. American job growth has surged with 149 million employed and millions of job openings. Wages increased but not as fast as inflation and unemployment at 3.9%, is the lowest level in decades.2 Not all countries have fared as well as the US through the Covid-19 pandemic but given the challenges the economy has overachieved ...
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