Journal of Political Risk, Vol. 1, No. 4, August 2013.By Anders Corr, Ph.D., and Naheed Vadsaria
Political risk in the tiny West African state of “The Gambia” is high. Named after the small river around which its borders fluctuate, the country hosts a dictatorship established in a 1994 coup. The country also hosts Hizbollah operatives who conduct international financial transactions, and is one of the top African cocaine transshipment points to Europe. Local businesses are considering fleeing to Sierra Leone to escape a raft of seemingly arbitrary and protectionist laws promulgated by the President for potentially personal reasons.