In today’s interdependent societies, it can be unclear where one risk ends and another begins, and that individual events can turn into a full-blown disaster, notes a new report.

The ‘Innovation in country risk management’ report, from Swiss Re and Oliver Wyman and created in conjunction with Organization for Economic Co-operation and Development (OECD), uses the world’s current financial crisis as the backdrop to illustrate how a crisis in one area of the economy can affect other areas around the world, and how governments should improve how they prioritize and prepare for large-scale disasters.  The OECD is an international organization established to help governments tackle the economic, social and governance challenges of a globalised economy.

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