by Paul L. Davidson Chairman & CEO , Financial Solutions Willis Towers Watson
95 Extremely High 85 Very High 75 High 65 Medium High 55 Significant 45 Medium 35 Medium-Low 25 Low 15 Very Low 5 Extremely Low
Algeria Angola Argentina Azerbaijan Bangladesh Brazil China Colombia Côte d’Ivoire DR of Congo Ecuador Egypt Ethiopia Gabon Ghana India Indonesia Iran Kazakhstan Kenya Mexico Myanmar Nigeria Pakistan Peru Phillippines Russia Saudi Arabia Senegal South Africa Tanzania Thailand Turkey Turkmenistan Ukraine Uzbekistan Venezuela Vietnam Zambia Zimbabwe
Welcome to the Political Risk Index for Spring 2019, produced exclusively for our clients in partnership with Oxford Analytica. The expert contributors to this publication include political and economic analysts based at universities and research institutes around the world. We are proud to work with them to bring you up-to-date, relevant and meticulously researched information on some of the world’s most vulnerable territories to help you more effectively manage your political risk. Our decision last year to move this Index to a digital format after 12 years of producing it in hardcopy has proved a popular one with our clients, whose feedback has been overwhelmingly positive. We are delighted to deliver a better user experience for our readers, to improve the channels of communication between you and a member of our team (you can click any of the links on this platform to contact one of us), and to maintain Willis Towers Watson’s position as a global thought leader in the sphere of political risk.
As always, I encourage you to view the information included here on VAPOR, our online, interactive tool that enables companies to use the extensive risk data collated in the Political Risk Index over the last decade to create a financial evaluation of their political risk exposures. Standing for Value at Political Risk, this initiative has become an important tool for many of our clients and helps us to add ever-increasing value to our service to you. You can find more information about this on the website.
In the Foreword to this edition you will find a comprehensive analysis of the movement of the scores for the country pages, giving insight into the reasons and motivations behind them. There is also a sharp focus on some South and Central American countries, which have recently been through a period of rapid change – particularly Mexico. To quote Oxford Analytica: ‘As we watch developments play out in Mexico during 2019, we will be paying close attention to how government action materially affects the environment for business and investment. This is political risk in its rawest form, and a reminder once again that tracking political risk and taking steps to mitigate its potential impact, through insurance or other measures, is a vital part of effective corporate management.’
We are certain that you will find this edition of the Political Risk Index as useful and valuable as ever. If you would like to discuss any of the topics in this Index – or indeed, anything we have not covered – please do not hesitate to contact me.
Yours Sincerely,
Paul L. Davidson
Chairman and CEO Financial Solutions Willis Towers Watson