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The Global Centre for Risk and Innovation
The Global Centre for Risk and Innovation
The Global Centre for Risk and Innovation

Glossary term

Interconnectedness

Linkages between components of a system through which distress in one component raises the likelihood of distress in others; one of three criteria for systemic importance with size and substitutability (FSB, IMF and BIS, 2009).

Linkages between components of a system through which distress in one component raises the likelihood of distress in others; one of three criteria for systemic importance with size and substitutability (FSB, IMF and BIS, 2009).

Institution GCRI