Risk Management is not about eliminating , or which is the same thing as completely hedging out, risk but about first determining , like one’s pain threshold, risk tolerance threshold and then aligning an entity’s existing risk, be it  BIS central bankers’ speeches  1  currency, interest rate or commodity price risk, with its risk tolerance threshold.
Today, I would like to talk just a bit about some of the challenges that many countries face in common, and about possible policy responses to address them. First, income inequality has risen as an important global policy agenda.