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Begin New Search Topic Geopolitics Author Cullen S. Hendrix

1. Keeping Up with the Future: Upgrading Forecasts of Political Instability and Geopolitical Risk

Author:
Cullen S. Hendrix and Sooyeon Kang
Publication Date:
07-2019
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
The nature and magnitude of geopolitical risk is changing more rapidly than the ability to anticipate it, with increasingly severe economic consequences. This Policy Brief discusses the economic costs and risks associated with episodes of political instability, arguing that firms, government agencies, and international institutions must update their forecasting and risk assessment efforts to take global factors into account. Since the global financial crisis, political instability has shifted from emerging-market countries in the developing world to larger, more globally impactful econo¬mies. Acknowledging this changing risk profile—and developing better tools to predict major episodes of instability—will allow both policymakers and firms to plan with greater confidence.
Topic:
Economics, Financial Crisis, Geopolitics, Political stability, and Risk
Political Geography:
Global Focus

2. Keeping Up with the Future: Upgrading Forecasts of Political Instability and Geopolitical Risk

Author:
Cullen S. Hendrix and Sooyeon Kang
Publication Date:
07-2019
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
The nature and magnitude of geopolitical risk is changing more rapidly than the ability to anticipate it, with increasingly severe economic consequences. This Policy Brief discusses the economic costs and risks associated with episodes of political instability, arguing that firms, government agencies, and international institutions must update their forecasting and risk assessment efforts to take global factors into account. Since the global financial crisis, political instability has shifted from emerging-market countries in the developing world to larger, more globally impactful econo¬mies. Acknowledging this changing risk profile—and developing better tools to predict major episodes of instability—will allow both policymakers and firms to plan with greater confidence.
Topic:
Economics, Geopolitics, Economy, and Political stability
Political Geography:
Global Focus

3. ALL STICK, NO CARROTS: THE SHORTSIGHTED GEOPOLITICS OF THE IRAN SANCTIONS

Author:
Cullen S. Hendrix
Publication Date:
08-2018
Content Type:
Commentary and Analysis
Institution:
Political Violence @ A Glance
Abstract:
The Trump administration, having withdrawn the United States from the Joint Comprehensive Plan of Action last May, is threatening US trading partners over doing business with Iran and attempting to freeze Iran out of global oil markets. The attempted freeze-out began with the re-imposition of US sanctions against Iran and businesses operating there, and the Trump administration set November 4 as the target date for US allies to zero out their purchases of Iranian crude. With some arm-twisting, NATO allies like Turkey and Asian security partners South Korea and India have agreed to curb Iranian imports, though it will be difficult for India to zero out its Iranian imports. Fearful of being caught up by US sanctions, major European firms like Total, Allianz, and Maersk have begun winding down operations in Iran in advance of the November 4 deadline. This whole episode reflects a fundamental misunderstanding, on the part of the Trump administration, of both the conditions under which sanctions can hope to be successful in winning policy concessions and the geopolitical realities of pursuing said course of action.
Topic:
NATO, Oil, Sanctions, Geopolitics, and Barack Obama
Political Geography:
China, Iran, Middle East, India, and United States of America