Working paper

The implications of complexity for systemic risk in the superannuation system

30 Nov 2013
DOI

http://doi.org/10.4225/50/583e006953142
Description

The funds, entities and regulators involved in the superannuation industry together comprise a system that is complex and dynamic. The differentiation between roles and the distribution of responsibility offers the system as a whole resilience against local failure. However the interconnections that bind and constitute the system create and transmit risks within the system undermine the system's resilience to exogenous shock. This paper starts to map and analyze those links, assessing the nature of the threat the links pose to systemic resilience. It concludes by speculating on the regulatory responses that might be required to address the risks.

Publication Details
Identifiers: 
DOI: 
10.4225/50/583e006953142
Published year only: 
2013
12
Share
Share
Subject Areas
Geographic Coverage
Advertisement