Did You Know…

IMF researchers used ICRG’s composite risk scores as the main proxy for overall country risk, finding that countries participating in IMF-supported lending programs are significantly less likely to experience a future banking crisis than non-borrowing countries, and that compliance with Read Entire Entry

Sri Lanka – Political Instability Threatens Success of IMF Program

The risk of succumbing to a balance-of-payments crisis was effectively diminished by securing a three-year extended fund facility (EFF) worth $1.45 billion from the IMF in June.  In the first review, which was concluded in early November, the IMF judged the initial steps taken by the government to Read Entire Entry

New Zealand – Government on a Steady Course

On December 5, two days after a by-election in which the main opposition Labour Party retained its seat in Mount Roskill constituency, Prime Minister John Key made the shock announcement that intended to resign as prime minister and leader of the National Party on December 12. The decision seemed Read Entire Entry

Egypt – Court Blocks Controversial Deal

A nine-month political battle over a controversial deal struck by President Abdel Fattah El-Sisi in a bid to secure badly needed investment and aid from Saudi Arabia appears to have ended in defeat for the president. On January 16, the Supreme Administrative Court upheld a June 2016 ruling by the Read Entire Entry

Philippines – Unpredictable Leader Causing Concern

Rodrigo Duterte continues to create concern internationally, while remaining hugely popular at home, as he pursues a pro-growth agenda and an unorthodox approach to combatting the evils of drug crime. During his first six months in office, he has declared the death of the country’s longstanding Read Entire Entry

Regional Political Risk Index

Below is our most recent Political Risk Index (PRI) Table ranked from low to high risk within each region listed. The PRI is the overall measure of risk for a given country, calculated by using all 17 risk components from the PRS Methodology including turmoil, financial transfer, direct investment, Read Entire Entry

Spain – Minority Government on Borrowed Time

After 300 days and two elections, the country’s electoral deadlock was finally broken in late October, when Mariano Rajoy, the leader of the center-right PP, securing parliamentary backing to form a minority government, with the rival center-left PSOE abstaining. For many voters, the outcome Read Entire Entry

Tunisia – Reshuffled Government Still at Risk

Although the main governing Nidaa Tounes has been weakened by the defection of nearly two dozen of the party’s lawmakers in January 2016, signs of a strengthening partnership between President Beji Caid Essebsi, the founding leader of Nidaa Tounes, and Ennahda leader Rachid Ghannouchi, has Read Entire Entry

Haiti – A President, at Last

After more than a year of delays caused by public unrest, invalidated election results, and natural disasters, Haiti finally held what might be a conclusive presidential election on November 20. Jovenel Moïse, the candidate of former President Michel Martelly’s PHTK, won in convincing fashion, Read Entire Entry

Thailand – Royal Succession May Delay Elections

The uncertainty surrounding royal succession following the death of King Bhumibol Adulyadej in mid-October was resolved when Crown Prince Maha Vajiralongkorn accepted a request from the Parliament to become the 10th monarch of the Chakri dynasty. However, the coronation will be delayed until after Read Entire Entry