Ranking the Economic Importance of Countries and Industries

  title={Ranking the Economic Importance of Countries and Industries},
  author={W. Li and Dror Y. Kenett and K. Yamasaki and H. Stanley and S. Havlin},
  journal={arXiv: General Finance},
  • W. Li, Dror Y. Kenett, +2 authors S. Havlin
  • Published 2014
  • Economics, Physics, Business
  • arXiv: General Finance
  • In the current era of worldwide stock market interdependencies, the global financial village has become increasingly vulnerable to systemic collapse. The recent global financial crisis has highlighted the necessity of understanding and quantifying interdependencies among the world's economies, developing new effective approaches to risk evaluation, and providing mitigating solutions. We present a methodological framework for quantifying interdependencies in the global market and for evaluating… CONTINUE READING
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