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DETERMINANTS OF POLITICAL RISK IN THE CONTEXT OF THE CONTEMPORARY ECONOMIC CRISIS

Cristian Radu Birău, Andrada Busuioc and Alexandru Cosmin Stoia
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Cristian Radu Birău: good.bee Service RO, Bucharest
Andrada Busuioc: good.bee Service RO, Bucharest
Alexandru Cosmin Stoia: good.bee Service RO, Bucharest

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 586-593

Abstract: The contemporary economic crisis led to changes of world politics, changes of political risk perceptions, and on its evaluation as a specific sub-component of country risk. Relatively calm politics in the precedent period of the economic crisis not only proved to be illusory with pressing realities profoundly distorted severe implications on contemporary society. In a world where the powerful have proved fragile, the weak proved more robust than the likelihood of empirical realities, it becomes necessary the rethinking of the collection of political risk by adapting and linking results to permanent economic context.

Keywords: economic crisis; political risk; political crisis. (search for similar items in EconPapers)
Date: 2011
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