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—Make sure that specific members of a company’s management team are made responsible for monitoring relevant geopolitical risks and periodically reporting on them to the board.
In the context of global politics, a policy of deliberate ambiguity (also known as a policy of strategic ambiguity or strategic uncertainty) is the practice by a government or non-state actor of being deliberately ambiguous with regard to all or certain aspects of its operational or positional policies. [1]
Macro-level political risk looks at non-project specific risks. Macro political risks affect all participants in a given country. [10] A common misconception is that macro-level political risk only looks at country-level political risk; however, the coupling of local, national, and regional political events often means that events at the local level may have follow-on effects for stakeholders ...
How to protect your portfolio from geopolitical risks Navigating the turbulent waters of geopolitical events and their potential impact on your portfolio can feel daunting.
Risk management is predicting and managing risks that could hinder the organization from reliably achieving its objectives under uncertainty. Compliance refers to adhering with the mandated boundaries (laws and regulations) and voluntary boundaries (company's policies, procedures, etc.).
Some key disadvantages of global sourcing can include: hidden costs associated with different cultures and time zones, exposure to financial and political risks in countries with (often) emerging economies, increased risk of the loss of intellectual property, and increased monitoring costs relative to domestic supply.
No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new set of challenges opened up for 2025. In 2024, the world's central banks were ...
Note: Political risk consulting firms specializing in analyzing the business risk presented by the political environment in a region or country--including but not limited to regulatory risk in particular sectors, risks of appropriation or nationalization, and broader geopolitical risks.