Re-examining Political Risk Assessments in Volatile Regions

DOI

10.2991/jracr.k.191024.001How to use a DOI?

Keywords

Risk characterization; complex adaptive systems; Middle East and North Africa; risk assessment; risk analysis

Abstract

Conventional country risk and political risk indexes, to formalize the process, have attempted to standardize and generalize assessment models for factors that are highly context specific. Hence, the value derived from traditional political risk indexes lack precision and are therefore less reliable. This paper re-examines political risk analysis and explains how understanding the topology and nature of political risk in emerging and developing markets is a crucial advancement in developing political risk analysis for the private sector and government agencies. Particular focus is given to develop political risk characterization as a risk analysis category. To bridge the conceptual gap between risk assessment and risk management, this paper proposes the concept of complex adaptive systems as the backdrop for emerging political risk scenarios.

Copyright

© 2019 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - JOUR
AU  - Ghaidaa Hetou
PY  - 2019
DA  - 2019/10/31
TI  - Re-examining Political Risk Assessments in Volatile Regions
JO  - Journal of Risk Analysis and Crisis Response
SP  - 123
EP  - 127
VL  - 9
IS  - 3
SN  - 2210-8505
UR  - https://doi.org/10.2991/jracr.k.191024.001
DO  - 10.2991/jracr.k.191024.001
ID  - Hetou2019
ER  -