The Covid-19 crisis can be considered a turning point for social issues: it has put global socio-economic inequalities in the spotlight and made them more concrete than ever before. It has also clearly shown the tragic effects, from an economic and societal perspective, that systemic shocks can have on unequal, non-resilient societies.
On the one hand, it is generally accepted that an excessive increase in inequality represents a real threat to financial stability and to economic growth. On the other hand, however, there is no real consensus or a ready-to-use framework for social risks at a microeconomic level of analysis, i.e. which socially-related factors have the capability to materially affect companies.
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