Calculating Political Risk

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This powerful new book is the first to ever examine the hard edge of how political risk is calculated and used in decision making. It opens with an outline of the historical and linguistic origins of risk, a section on the various disciplinary understandings of risk, the risk society concept and how risk has come to be so prominent in the context of environmental disaster and terrorism. The book then defines political risk and looks at its manifestations in the public sector from project to high-level political risk. It also looks at risk identification versus risk management and the various processes at work.