Measuring business uncertainty in developing and emerging economies
Uncertainty about business prospects is a fact of life for any business. When deciding whether to hire new workers or invest in new technology, businesses don’t know whether it will result in higher sales and profits, due to factors beyond their control. Instead, they forecast future sales revenue (and other performance metrics) and take into account the uncertainty surrounding those forecasts. They think about situations where things can turn out worse than predicted, leaving them with too many workers and idle investments – or the opposite when things turn out better. Only after weighing these scenarios can companies decide whetherRead News
