Economic leaders emphasize risk management for business and state resilience

Economic leaders and international representatives are emphasizing the critical role of risk management for both corporate stability and national resilience. At the “Croatia Business Risk Outlook 2027” event, Darko Tipurić of the Croatian Association of Economists highlighted scenario analysis as a vital tool for developing competitive advantages and preparing for technological shifts like artificial intelligence.

In Serbia, officials from the Chamber of Commerce and Industry of Serbia (PKS) and the United Nations Office for Disaster Risk Reduction (UNDRR) addressed the vulnerability of small and medium-sized enterprises (SMEs). Kamal Kishore, a UN special representative, noted that the global economic consequences of disasters reach approximately $2.3 trillion annually, representing about 2% of the global economy. While global efforts have reduced loss of life over the last decade, economic losses remain a significant challenge, particularly for SMEs that often lack the financial instruments and protections available to larger corporations.