It is crucial to constantly widen our Risk Field of View so that we can be fully cognizant of any form of Risk Constellations on the horizon. But in the pursuit of modelling the movements of the Risk Fault Lines, the quest for precision should not be at the expense of fully understanding its drivers. As Lord Keynes once wrote "............... it is better to be Roughly Right than to be Precisely Wrong".
IBF Distinguished Fellow (2009), Risk Management
Shaji Chandrasenan
Principal Risk Manager, World Bank Group’s International Finance Corporation