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As globalization increases the diversity of innovative ways of doing business around the world, economies become ever more interdependent. Multinational enterprise groups, or MNEs, have operations in several countries, so counting up their economic impacts entails looking across borders to gather…
Risk is a part of our everyday lives. When we wear a helmet to ride a bike, for example, we accept a small inconvenience to reduce the risk of a fall or an accident. When a homeowner decides to retrofit their house, they incur a cost to shield against an earthquake or a flood. Faced with the COVID…