Political Risk Complementarity Between Business Economics and International Relations

Ioannis Psychogyios (), Efstathios Fakiolas () and Nikitas Spiros Koutsoukis ()
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Ioannis Psychogyios: University of Peloponnese
Efstathios Fakiolas: University of Peloponnese
Nikitas Spiros Koutsoukis: University of Peloponnese

A chapter in Economic and Financial Challenges for Balkan and Eastern European Countries, 2020, pp 1-11 from Springer

Abstract: Abstract Political risk is a term with multiple contexts. From an economic viewpoint, it is associated mainly with risks in business operations and private or public investments affected by politics; from an International Relations viewpoint, it is used to “risk” as a concept, but without the “business” or “investment” perspectives. In this work, we aim to match International Relations theory constructs with the constructs of widely used Political Risk Indices and thus identify how the perspectives relate and complement each other. Our objective is to elicit the suitability of political risk frameworks, from an economic standpoint, for decision-making purposes under alternate International Relations standpoints and vice versa.

Keywords: Political risk; Political Risk Indices; International Relations theory (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-39927-6_1

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DOI: 10.1007/978-3-030-39927-6_1

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