The Gulf Intelligence
Trump attacks Clinton on trade, says he should be handed victory ... Oregon militants acquitted of conspiracy in wildlife refuge seizure ... Lawyer says U.S. Supreme Justice Thomas groped her in 1999 ... Exclusive: EpiPen price hikes add millions to Pentagon costs ... Police arrest 117 in crackdown on North Dakota pipeline protesters ... Facebook executives feel the heat of content controversies ... Amazon forecast for holiday season disappoints as investment rises ... Obama rallies Obamacare troops at 'critical time' for program ... Iraqi army aims to reach site of Islamic State executions south of Mosul ... NATO seeks to manage Russia's new military deployments ...
Where am I? bullet


By:Eurasia Group
It's 2013. We've made it. For those of us watching from the United States, the last few days of 2012 (to say nothing of the first couple of this year) were touch and go. But here we are.
Political risk has entered our vocabulary. Whether staring over the fiscal cliff, battling the eurozone crisis, trying to profit from a rising China, or taking cover from the Middle East; around the world, politics has come to dominate market outcomes. Geoeconomics now sits alongside geopolitics in matters of war, peace, and prosperity. Economic statecraft is a key component of global foreign policy. State capitalism is a principal challenge to the free market.
That's been increasingly true for the last four years because of the way perceptions of political risk have spread across the developed world. Since the financial crisis, what did or didn't happen in Washington has had an outsized impact on market outcomes. So too the reaction of European governments and pan-European political institutions to a crippling, systemic eurozone crisis. We’ve seen a succession of five governments in Japan digging out, first from the recession and then from the largest-scale natural disaster the world has seen in decades.


Last Update: 17/01/2013

Post a Comment:

Comment Title