Given the decline in the cost of labour relative to the cost of capital and the tight financing conditions of companies, the major risk looking forward is that investment will be concentrated in labour-intensive, low-productivity sectors. This, however, would trap the economy in a state of low productivity and low growth.
In recent years, however, a number of financial institutions have come to focus on disclosure of a wider range of information, including their management policies. This is partly attributable to the expansion of derivatives transactions, which has made risk management techniques increasingly important in the management of financial institutions, and which has thereby encouraged financial institutions to improve such techniques.