Political risk was first introduced as a component for assessing risk not directly linked to economic factors following the flow of capital from the US to Europe after the Second World War. However, the concept has rapidly gained relevance since, with both public and private institutions developing complex methodologies designed to evaluate political risk factors and keep pace with the internationalization of trade and investment. Continued global and regional economic and political instability means a plethora of different actors today conduct a diverse range of political risk analyses and assessments. Starting from the epistemological foundations of political risk, this books bridges the gap between theory and practice, exploring operationalization and measurement issues with the support of an empirical case study on the Arab uprisings, discussing the role of expert judgment in political forecasting, and highlighting the main challenges and opportunities political risk analysts face in the wake of the digital revolution.
In the intellectual life of a scholar, it is not infrequent for a research question to rattle around in the back of the mind for years. Then all of a sudden comes the realisation that the time is ripe to tackle the topic, and that an attempt has to be made at presenting, discussing and empirically analysed it. I will not go into the reasons why I think that this is now the right moment to address the question on the implementation of the two traditional democratic values, and their transformations over recent years, partly as a consequence of the economic crisis, and its prospective sustainability. Maybe in his Discorsi Machiavelli was only right when he recommends going back to values in times of crisis. There are, of course, other objective and subjective reasons, and the former will emerge directly and indirectly in the first chapter"--.
Political risk was first introduced as a component for assessing risk not directly linked to economic factors following the flow of capital from the US to Europe after the Second World War. However, the concept has rapidly gained relevance since, with both public and private institutions developing complex methodologies designed to evaluate political risk factors and keep pace with the internationalization of trade and investment. Continued global and regional economic and political instability means a plethora of different actors today conduct a diverse range of political risk analyses and assessments. Starting from the epistemological foundations of political risk, this books bridges the gap between theory and practice, exploring operationalization and measurement issues with the support of an empirical case study on the Arab uprisings, discussing the role of expert judgment in political forecasting, and highlighting the main challenges and opportunities political risk analysts face in the wake of the digital revolution.
In the intellectual life of a scholar, it is not infrequent for a research question to rattle around in the back of the mind for years. Then all of a sudden comes the realisation that the time is ripe to tackle the topic, and that an attempt has to be made at presenting, discussing and empirically analysed it. I will not go into the reasons why I think that this is now the right moment to address the question on the implementation of the two traditional democratic values, and their transformations over recent years, partly as a consequence of the economic crisis, and its prospective sustainability. Maybe in his Discorsi Machiavelli was only right when he recommends going back to values in times of crisis. There are, of course, other objective and subjective reasons, and the former will emerge directly and indirectly in the first chapter"--.
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