The New Normal and The Quantification of Political Risk

Posted on Posted in Research Papers

By Dragan Vitoric, Analyst at KEDISA

Living and working in the Global Risk Society, as proposed by Ulrich Beck, assumes the existence within the hyper-competitive world order. Simply put, risk nowadays is both the strategic enabler and the manager of resilience levels of a specific organization, either government or enterprise-based. This can explain the increasing number of companies offering risk analysis and risk prediction services on the market.

Businesses today act as diplomats and political actors, often carrying more importance than the national governments, whereas every statement and investment is a political statement. Everything is political today and risk can be traced down to anything.

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