The Routledge Handbook of Political Risk explores the context, analysis, and management of political risk arising from recent tectonic geopolitical challenges to the world order posed by pandemics, nationalist policy interventions, changing supply chains, technological transformation, and the climate crisis.
Seasoned and emerging academics from the Global North and South, alongside risk practitioners and business professionals from multiple continents and industries, reconsider and address policy-oriented questions in relation to social, political, democratic, environmental, economic, security, technological, and geopolitical challenges. Across five distinctive parts, this Handbook considers ethical risks, populism, weaponised interdependence, protectionism, the disruptive effects of AI, company case studies, industries, and political risk management, while also reconsidering the future of political risk.
The volume will appeal to scholars and students of international business and management studies, political science, area studies, security studies, geography, history, and sociology. In the absence of functioning global governance to mitigate such risks, it will also be of great use to a range of consultants, investors, business practitioners, and corporations.
List of Figures, List of Tables, List of Contributors, Acknowledgements, List of Acronyms, 1. Situating the Routledge Handbook of Political Risk, PART I. Theoretical and Historical Perspectives on Political Risk Analysis, 2. Re-Evaluating the Theoretical Foundations of Political Risk Analysis: The Crucial Role of Context, 3. “Globalisation in the First Person”: Political Risk and the Study of International Relations, 4. Political Risk and Security Studies: Towards a Conceptual Framework of Political Riskiness, 5. Close Encounters, Awaited Appointments: Futures Studies Meet Political Risk Analysis, 6. A History of Political Risk: Tracking the Development of Institutions and Policies to Mitigate Political Risk (17th–21st Century), PART II. Methodologies and Approaches in the Analysis of Political Risk, 7. “Cats vs. Analysts”: Can Political Risk Analysis Be Rigorous?, 8. Political Risk Analysis as Intelligence for Contextualised and Actionable Insight, 9. Conducting Political Risk Research in a Hybrid Regime: The Case of Zimbabwe, PART III. Political Risk as a Result of Disruptive Global Trends, 10. Understanding the Nexus of Climate Change and Political Risk, 11. Artificial Intelligence and Political Risk Analysis, 12. Political Risk and the Geopolitics of Cybersecurity, 13. Missing the Risks: Ideology, Technology, and the Shift to US-China Conflict, 2016–2024, 14. Localising Political Risk: A Framework for Analysing Political Risk Associated with City Diplomacy, PART IV. Geopolitics and Political Risk Constellations: Spaces and Places, 15. Political Risk in Japan: Looking under the Bonnet, 16. Political Risks in the Post-Soviet Region: Geopolitical Risks, Country Risks, and Business Management Strategies, 17. A Political Risk Analysis of Kazakhstan: Recent Changes in the Internal and External Context of a Central Asian State, 18. Exploring Future Energy Security in the Black Sea-Caspian Region: Strategic Interests, Political Risks, and Emerging Challenges, 19. Informality and State Capture as Political Risk: Firm Level Evidence from Ukraine under Yanukovych, 20. How Does European Strategic Autonomy Reduce Political Risk for EU Businesses?, 21. Doing Business in the EU’s Electoral Autocracy: Analysing Political Risks in Hungary, 22. Between Hope and Despair: Political Risks and Opportunities for European Business in Iran, 2015–2019, 23. Assessing the “Systemic” Risks around ESG Investment in Latin America, 24. Political Risk in South America: Insights for European Investors in the Renewable Energy and Mining Sectors, 25. Sink, Swim, or Be the Captain: Emerging Political Risks and their Impact on Southern Africa, PART V. New Trends in Political Risk Management: Industries, Companies, Strategies, 26. From Niche Market to Core Function: Mapping the Political Risk Analysis Industry, 27. Political Risk Insurance: Where Does It Fit?, 28. “Ethical” Political Risk: Impacts and Strategies, 29. Political Risk Assessment in the Context of Great Power Conflict: The Case of the Hong Kong Stock Exchange, 30. Political Tailwind for Chinese Contractors on EU-Funded Construction Projects: Insights from the Pelješac Bridge Project, 31. Investment Arbitration, Political Risk, and the European Union, 32. Geopolitics and Climate Change: How Can MNEs Prepare?, 33. Managing Geopolitical Risks: Underlying Trends, Firm-Level Responses, and Strategic Options, Index
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