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As Rajan argued in a prescient 2005 paper, financial development, which was supposed to make the system safer, could in fact make it riskier.
The laws would make it riskier for people to corrupt the government, he noted, but they could hardly be expected to end the practice.
This drop made the portfolio more volatile, but it certainly did not make it riskier.
Similar(55)
Repeated Caesareans can make it risky or even impossible to have a large family.
But its capital intensity, reliance on government subsidies and vulnerability to bottlenecks make it risky.
Just because a stock bounces up and down a lot doesn't make it risky.
The instable demand conditions, however, make it risky to acquire the devices and equipment necessary for the treatment of patients.
Although a low-dose cinnamon supplement is unlikely to harm you, your medical advisor may be aware of potential interaction effects with your medications that would make it risky to take cinnamon regularly.
Unisys has more debt than many of its competitors, which makes it riskier, but there is also more gain potential if it can successfully complete the transition to a services company.
This concentration makes it riskier by objective measures than many of its peers, but on the other hand, focus also allows the manager to realize greater returns from his smart picks.
And of course, increasing the firm's indebtedness makes it riskier.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com