Stress tests, as also reverse stress tests and back testing should be gainfully utilised as complements to model based risk estimation. 25. Before concluding I will like to relay what A.T. Kearney, a reputed international consultant, has got to say about risk management in banks.
The experience of the past fifty years--and indeed much longer than that--affirms that market forces play the key role in conserving scarce energy resources, directing those resources to their most highly valued uses. Adequate productive capacity, of course, is driven also by nonmarket and policy considerations.