Category Archives: Article Type

The Persistent Crisis of Gender-Based Violence: A Political Risk Lens

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Journal of Political Risk, Vol. 13, No. 7, July 2025

Ni Una Menos march in Buenos Aires on 3 June 2024.

Ni Una Menos march in Buenos Aires on 3 June 2024. Credit: Prensa Obrera via Wikimedia Commons

By Stephanie Wild

The International Day for the Elimination of Violence Against Women on November 25 served as a reminder of the global crisis of sexual and gender-based violence (SGBV) and femicide. These issues are not confined to private tragedies but reflect broader governance failures and social instabilities, making them a critical political risk. High rates of SGBV and femicide weaken public trust in institutions, destabilize communities, and impose significant economic costs, all of which threaten national and regional stability.

From January 1st to 31st, 2024 alone, there were 240 femicide cases recorded across 26 different countries. Notably, countries in Africa (and more specifically Southern Africa) and in Latin America (LATAM) consistently report the highest levels of SGBV – often dominating the top ten global lists of rape rates. Those most commonly featured on these lists include South Africa, Lesotho, Botswana, Costa Rica, and Nicaragua. In Africa alone, it is estimated that 20,000 women were killed by their partners and ex-partners in 2022. Select states in Latin America and the Caribbean collecting and publishing regular data on femicide, in 2022, at least 4,050 women fell victim to femicide across 26 countries in the region.

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The Concentration of Power: Book Review

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Journal of Political Risk, Vol. 13, No. 2, February 2025

Concentration of Power Cover - Anders Corr.jpg

Concentration of Power Cover.jpg

By John Gardner

The Concentration of Power: Institutionalization, Hierarchy & Hegemony
By Anders Corr
291 pp. Optimum Publishing International. $19.95

I believe the present and future are best interpreted through the lens of the past. Dr. Anders Corr’s book, The Concentration of Power: Institutionalization, Hierarchy & Hegemony, is that lens for those devoted to a broader understanding of historical hierarchies and their effects on the rise and fall of civilizations. This dissection of the “enduring conflict between those at the bottom who seek freedom, those in the middle who seek to protect the benefits of their own position at the top of sub-hierarchies, and those at the top of meta-hierarchies seeking to institutionalize and aggregate (power),” is worthy brain food for big-thinkers.

Dr. Corr’s work on “the steady institutionalization of power over time” delves deep into how the power structures of civilization, good or bad, form; and acts as a road map and warning for mankind. It is a profound thought on human nature to ask why humans typically seek to expand their institutions and power, even when that power is no longer necessary. Why did the French Revolution, which started with admirable ideals, turn barbaric while the American Revolution did not? Relinquishing the grip on power is the answer from Dr. Corr, but that is antithetical to human nature. Growing up, my dad told me numerous times of how Americans wanted George Washington to be “President for life,” but he declined to, and in that “set an example for future Presidents”. My dad admired his integrity.  Continue reading →

Modelling Country Risk of Zambia

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Journal of Political Risk, Vol. 12, No. 8, August 2024

Simon Muwando1
University of Lusaka

Victor Gumbo2
University of Botswana

Gelson Tembo3
University of Zambia

 

Abstract

The world has experienced a dramatic increase in the flow of transnational investments following increased internationalization and globalization of firms in the previous decade. Country risk exposure is a cause for concern for all the institutions that are engaged in multinational trade and finance. The main objective of this study was to model the Zambia’s country risk. A mixed method with concurrent research design was employed. An autoregressive distributed lag technique was employed on annual data from the 1994 to 2018 period. Country beta was used as a proxy for indicating country risk. The findings of the study revealed that the main determinants of country risk of Zambia in the short run are beta, current account balance, political risk, unemployment rate, and short-term interest rates. In the long run, country risk of Zambia is mainly influenced by current account balance, betas, political risk and unemployment rate. Effective policies need to be implemented by authorities to manage persistent current account deficits and political risk.

Key Terms: country risk; country risk analysis; internationalization; globalization; autoregressive distributed lag; Zambia; globalization

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A review of Political Risk: Facing the Threat of Global Insecurity in the Twenty-First Century

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Journal of Political Risk, Vol. 12, No. 6, June 2024

Ndzalama Mathebula
University of Johannesburg
The image shows the cover of a book titled "Political Risk: Facing the Threat of Global Insecurity in the Twenty-First Century." The authors listed at the top are Condoleezza Rice and Amy Zegart. The cover features a globe, cracked open in the middle, revealing a fragmented and divided world map. At the bottom, there is a quote from Eric Schmidt, the former CEO of Google, praising the book as "Smart. Informative. Overdue." The overall design is clean, with a predominantly white background and blue and black text.

Source: Weidnfeld&Nicolson

The book Political Risk: Facing the Threat of Global Insecurity in the Twenty-First Century by Condoleezza Rice and Amy Zegart provides a remarkable overview of the political risk discipline, demonstrating its evolution and growing literature. The ten-chapter book is carefully curated to identify the importance of stakeholders understanding political risk and its evolution in the present century. The writings presented in the book are relevant, but not limited to, businesspersons, government actors, international relations practitioners, corporate personnel, policymakers, organizations, and students – especially given the rate at which the world is changing.

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Why the UN Fails to Prevent Mass Atrocities

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Violent Incidents and Reporting Bias in the South Kivu region of the Democratic Republic of Congo from 2017 to 2022

Journal of Political Risk, Vol. 10, No. 8, August 2022

The image depicts UN forces alongside military equipment and vehicles in Minembwe in South Kivu, DRC.

UN forces in Minembwe, South Kivu taken on 2 April 2019. Source: Delphin Ntanyoma.

Delphin Ntanyoma
Erasmus University

Fidele Sebahizi
Liberty University

Prosper Baseka wa Baseka
Bircham International University

1. Introduction

This study includes preliminary analysis of 324 violent incidents in the Democratic Republic of Congo (DRC) recorded by Kivu Security Tracker (KST) and 29 reports of the United Nations Peacekeeping mission in the Democratic Republic of Congo, known as Mission de Nations Unies pour la Stabilisation du Congo (MONUSCO).[1]

Since its creation and deployment in 1999, MONUSCO is now facing unprecedented protests as local populations in Eastern DRC are demanding its immediate withdrawal. Between July 25 and July 26, 2022, protesters from the main cities in North Kivu and South Kivu stormed MONUSCO bases in Beni, Butembo, Goma, and Uvira to express their anger at the 22-year-long UN mission’s failure to stabilize the region.  Following these incidents, including the one that took place at the Uganda-DRC border, it is believed that 32 civilians and 4 peacekeepers died. Continue reading →