Since social-economic systems increase interdependency, a crucial question arises: Is an interconnected world a safer or a more dangerous place to live? Over the last few years, we have witnessed the dark side of increasing interdependencies. As such, there is a growing need to focus on how to...

Intercompany credit is a transmission channel for business failure risk. Trade bill payment incidents reveal the interdependent links between sectors and their contagion risk potential when large amounts are involved.