The Risk of not investing in a recession

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<title>Risk of not investing in a recession</title>
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<namePart>Ghemawat, Pankaj</namePart>
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<abstract displayLabel="Summary">Managers who are struggling to make investment decisions during this recession may find it hard to take financial risks. Ghemawat argues that you must consider the competitive risks of not investing as well as the financial risks of investing. He tackles the problem of balancing financial and competitive risks when it becomes most difficult: at the bottom of the business cycle</abstract>
<note type="statement of responsibility">Pankaj Ghemawat</note>
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<topic>Crisis económica</topic>
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<topic>Análisis de riesgos</topic>
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<topic>Balanza de pagos</topic>
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<topic>Competitividad</topic>
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<topic>Gestión financiera</topic>
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<text>Winter 1993 ; p. 51-58</text>
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