A new framework of analysis of Political Risk in OECD Countries
MPRA Paper from University Library of Munich, Germany
The motivation behind this paper is to present another model of investigation that – mulling over current ideas of political risk and present day speculations of globalization – incorporates in a thorough system the more conventional factors of political risk with another transnational variable. Political Risk Analysis (PRA) is the expository control that attempts to make a sensible system of data on the risk profile for undertakings working and putting resources into far off nations. Political Risk Analysis, by its own one of a kind definition, centers around non – commercial risks, that is, risks emerging from the socio – political environment of a given Country. The idea of political risk and the investigation methodology embraced and utilized in PRA are incredibly heterogeneous, fluctuating significantly one case at a time case. Anyway a typical example can be recognized. In pretty much every definition or operational idea of political risk, the spotlight depends as a rule on the interior measurement. The models created by both open and private offices and institutions tend in certainty to put together their models with respect to factors and markers inward to the nation object of the examination. As we would like to think this methodology is restricted. In the present globalized and regularly evolving world, we feel that in any political risk examination model it is major to incorporate a transnational point of view. A transnational variable ought to likewise be made so as to supplement the national variable by weighting the impacts of the universal and worldwide measurement on nearby and national socio-political occasions.
Keywords: political; risk; governance; institutional; quality; risk; country (search for similar items in EconPapers)
JEL-codes: O5 O52 P5 (search for similar items in EconPapers)
Date: 2020-03-03, Revised 2020-04-03
New Economics Papers: this item is included in nep-ore and nep-rmg
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https://mpra.ub.uni-muenchen.de/102958/1/MPRA_paper_102958.pdf revised version (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:102636
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