Search

Begin New Search Topic Risk Publication Year within 3 Years

41. The geopolitics of climate and security in the Indo-Pacific

Author:
Robert Glasser, Anastasia Kapetas, and Cathy Johnstone
Publication Date:
02-2022
Content Type:
Special Report
Institution:
Australian Strategic Policy Institute (ASPI)
Abstract:
Climate change is much more than an environmental crisis—it’s a systemic crisis that will transform the geopolitical landscape. And the consequences for the Indo-Pacific, already the most exposed region in the world to climate hazards and home to the world’s fastest growing populations, economies and geopolitical rivalries, will be profound. In this volume, leading experts explore the impacts of this rapidly emerging climate threat on regional systems by interrogating a 1.5°C 2035 climate change scenario developed by the ASPI Climate and Security Policy Centre. The chapters here attempt to understand the unpredictable effects of climate change on the region’s already fragile human systems, from great-power competition and militaries, governance and politics, food and water insecurity, and ethnic separatism, to energy and trade systems, sovereign risk and digital disinformation. What emerges is a vivid demonstration of the dangers of underestimating the systemic connections between those factors, including how risks in one thematic area amplify risks in others, completely reshaping the regional security picture.
Topic:
Climate Change, National Security, Geopolitics, and Risk
Political Geography:
Indo-Pacific

42. Frontline Workers and the Covid-19 Pandemic

Author:
Gokulnath Govindan
Publication Date:
07-2022
Content Type:
Working Paper
Institution:
Centre for Policy Research, India
Abstract:
The Covid-19 pandemic proved to be a global disaster that took countless lives, many of whom were frontline functionaries deployed to contain this crisis. As a result, the Indian state, unlike before, had to acknowledge the risk that accompanied their workers in this crisis. They promised them vaccination, health & life insurance, amongst other material benefits to protect, insure and motivate such cadres. The paper attempts to study these promises, in particular its vaccination and insurance policies, to better understand what it meant to be a frontline worker in this crisis. Did the Indian administration account for all at-risk workers and their context, or did they simply exclude many of them in their policies ? The essay, at its core, will answer this question as it examines the Indian state’s capacity to celebrate its frontline workers.
Topic:
Labor Issues, Crisis Management, Risk, and COVID-19
Political Geography:
South Asia and India

43. Investors beware: Europe’s top firms are highly exposed to China

Author:
Ties Dams and Xiaoxue Martin
Publication Date:
04-2022
Content Type:
Special Report
Institution:
Clingendael Netherlands Institute of International Relations
Abstract:
Europe’s top firms are highly exposed to China, and therefore to China-related geopolitical risk. This risk is only set to increase in the coming years, as geopolitical tensions between China, the US and the EU are not expected to decrease. Moreover, case studies of LVMH, HSBC, ASML and BMW show that some of Europe’s biggest listed firms could and should offer investors more transparency on their risk-management strategies. Intelligence on China and geopolitical risk exposure is key for investors, and investors that get ahead of the curve may have the edge in the long term. This report is aimed at investors in Europe’s biggest listed firms. It argues that investors have a growing need for transparency amongst European biggest companies with regard to their strategies in dealing with China-related geopolitical risk. Even investors without direct interests in China are or will be affected by China-related geopolitical risk due to the various forms of exposure of companies in the European home market. This means that investors may be increasingly exposed to the risks linked to great power competition, without having the knowledge necessary to anticipate geopolitical changes. As geopolitical tensions between China, the US and the EU are not expected to decrease, investors would be wise to seek greater transparency about European companies’ exposure to the Chinese market – and indeed get ahead of the curve and gain a competitive advantage by investing in those firms that have forward-looking geopolitical strategies in place. This report aims to put this point on investors’ strategic agenda by making the following three points: Europe’s top firms are highly exposed to China. China-related geopolitical risk is spreading. Case studies suggest that Europe’s top firms may not be sufficiently transparent about geopolitical risk management.
Topic:
Geopolitics, Business, Investment, and Risk
Political Geography:
China and Europe

44. Risky Thinking: How Scenarios Can Help the EU Bounce Back from Strategic Shock

Author:
Roderick Parkes and Mark McQuay
Publication Date:
03-2022
Content Type:
Special Report
Institution:
German Council on Foreign Relations (DGAP)
Abstract:
Since coming to power in December, the Scholz government has blundered into a series of foreseeable crises: medical shortages; reliance on Russia for gas; Ukraine’s need for robust support. France’s President Macron anticipated all three crises, giving weight to his calls for Europeans to pursue autonomy and reduce dependence on the outside world. Policy makers are now demanding scenario exercises that illustrate the obvious dangers of interdependency to back up their policy shift.
Topic:
European Union, Crisis Management, Risk, and European Commission
Political Geography:
Europe

45. What Drives Credit Risk? Empirical Evidence from Southeast Europe

Author:
Nikola Fabris and Nina Vujanović
Publication Date:
05-2022
Content Type:
Working Paper
Institution:
The Vienna Institute for International Economic Studies (WIIW)
Abstract:
Bank stability is an important aspect of financial stability, especially in bank-centric systems such as those in Southeast Europe. The financial crisis has shown that there is a particular need to monitor credit and other similar risks. Hence, it is important to analyse risks affecting the stability of both the banking sector and the financial system as a whole. To that end, central banks have developed macroprudential policies aiming to safeguard financial stability. However, little is known about the drivers of some financial risks. In that context, this study analyses the determinants of credit risk, which is the most prominent risk in the banking sectors of three selected Southeast European economies – Montenegro, Kosovo* and Bosnia and Herzegovina. Dynamic panel data techniques were applied to 48 banks, which represent almost the entire banking sectors in the respective countries. The empirical evidence has shown that both macroeconomic and bank-specific determinants represent influential factors driving credit risk in Southeast Europe. Particularly important macroeconomic factors affecting credit risk are business cycle and sovereign debt. On the other hand, bank size, capital levels, credit activity and profitability are the most prominent factors influencing credit risk in the region.
Topic:
Risk, Credit, Financial Stability, and Banking
Political Geography:
Eastern Europe, Kosovo, Montenegro, and Bosnia and Herzegovina

46. The Current Stage of Basel III Application And Its Consequence On Financial Stability: Evidence From Kosovo

Author:
Muhamet J. Spahiu
Publication Date:
02-2022
Content Type:
Journal Article
Journal:
Journal of Liberty and International Affairs
Institution:
Institute for Research and European Studies (IRES)
Abstract:
The study aims to explore the divergences around the implementation of the Basel III agreement, since this agreement is considered the core of the international regulatory response to the financial crisis, setting the strictest criteria for capital structure and risk assessment. This paper explains the current level of legislation that applies in Kosovo, as well as possible divergences with the criteria set by Basel III. It is argued that the national authority, explicitly the CBK, to decide on the implementation of Basel III, had to agree on three aspects and potentially conflicting between them: the stability of the banking sector, competition, and care for economic growth. Finally, the study concluded that Kosovo is implementing Basel III regulations with greater ease and attention, contributing to banking sector stability, competitiveness, and economic growth.
Topic:
Finance, Risk, Financial Stability, and Banking
Political Geography:
Europe and Kosovo

47. The Economic Consequences of Russia-Ukraine War for Azerbaijan

Author:
Emin Mammadov
Publication Date:
03-2022
Content Type:
Working Paper
Institution:
Center for Economic and Social Development (CESD)
Abstract:
The year 2020 posed an unprecedented challenge to the World economy with the outbreak of the Covid-19 pandemic shrinking the global GDP by 6,7 % and bringing worldwide severe economic repercussions. Economic recovery is in continuation process in which the non-hydrocarbon sector acts as the main driver with a strong contribution of the oil and gas sector as well coupled with the rising demand for, and price of, oil that can further strengthen overall economic performance, however risks in the scenario are vivid.
Topic:
Economy, Risk, COVID-19, and Economic Recovery
Political Geography:
Azerbaijan

48. Can Emerging Technologies Lead a Revival of Conflict Early Warning/Early Action? Lessons from the Field

Author:
Branka Panic
Publication Date:
04-2022
Content Type:
Special Report
Institution:
Center on International Cooperation (CIC)
Abstract:
The early warning/early action (EWEA) community has been working for decades on analytics to help prevent conflict. The field has evolved significantly since its inception in the 1970s and 80s. The systems have served with variable success to predict conflict trends, alert communities to risk, inform decision makers, provide inputs to action strategies, and initiate a response to violent conflict. Present systems must now address the increasingly complex and protracted nature of conflicts in which factors previously considered peripheral have become core elements in conflict dynamics.
Topic:
Science and Technology, Conflict, Risk, and Early Warning
Political Geography:
Global Focus

49. World Risk Poll: Spotlight on Ukraine and Russia

Author:
Institute for Economics and Peace (IEP)
Publication Date:
03-2022
Content Type:
Special Report
Institution:
Institute for Economics & Peace (IEP)
Abstract:
The Lloyd’s Register Foundation World Risk Poll, when combined with associated data from the Gallup World Poll and a number of other sources, reveals a complex and sometimes counterintuitive view of the world for both Ukrainians and Russians prior to the Russian invasion in 2022. Ukrainian citizens’ positive sentiments on a number of questions on social wellbeing were on the rise at a time when global averages were in decline. In the lead-up to the invasion, Ukrainians’ perceptions of safety and security were improving, with the percentage of people reporting feeling safer than five years prior rising from 19 to 26 per cent, bringing it closer to the global average. This represents a major increase, especially as it came at a time when the global average fell markedly, from 36 to 27.4 per cent, and for Russians the rate fell from 19.2 to 17.4 per cent. The conflict has unfolded within the context of Ukraine’s increasing socio-political reorientation toward the West. By November 2021, 58 per cent of Ukrainians said that, if the country were to join just one economic union, it should join the European Union (EU), compared to 21 per cent that said it should join the Russia-led Eurasian Economic Union. This was the highest rating ever recorded. Similarly, 54 per cent said they would vote to join the North Atlantic Treaty Organisation (NATO), compared to 28 per cent who would vote against joining. Surprisingly, “war and terrorism” was only the sixth highest-rated concern in Ukraine in 2021. Ukrainians rated health-related risks (not including COVID-19) as their top concern. Transportation-related risks, crime and violence, economic concerns and financial hardship were more frequently cited than “war and terrorism."
Topic:
Security, NATO, European Union, Conflict, Risk, Polls, and Russia-Ukraine War
Political Geography:
Russia, Ukraine, and Eastern Europe

50. Safety Perceptions Index 2022: Understanding the perceptions and connections of global risk

Author:
Institute for Economics and Peace (IEP)
Publication Date:
06-2022
Content Type:
Special Report
Institution:
Institute for Economics & Peace (IEP)
Abstract:
This is the first edition of the Lloyd’s Register Foundation Safety Perceptions Index (SPI), produced by the Institute for Economics and Peace using data from the Lloyd’s Register Foundation’s World Risk Poll. The purpose of the index is to better understand how perceptions of safety differ across countries, and how the different aspects of risk are connected. The SPI measures the levels of worry, likelihood and experience of risk across five domains: health, personal, violence, environment, and the workplace. These domains and themes are combined into a composite score which reflects perceptions of safety at the country level. A high score indicates a high level of concern with safety issues.
Topic:
Environment, Public Opinion, Violence, Risk, Threat Perception, and Public Safety
Political Geography:
Global Focus