(The political actions of countries clearly affect international trade
and monetary flows, which in turn disrupt the global economy and business
environment)
Control Risks and Oxford Economics today launch an
innovative risk management enterprise that assists companies in their strategic
decision-making.
Economic and political risks are more interconnected than
ever before. The strategic success of an organisation relies increasingly on
its ability to anticipate and react to future shocks caused by this complex
relationship between economics and politics. Bridging the worlds of geopolitics
and macroeconomics, the collaboration between Control Risks and Oxford
Economics addresses this interconnected risk landscape with the Economic and
Political Risk Evaluator (EPRE).
The political actions of countries clearly affect
international trade and monetary flows, which in turn disrupt the global
economy and business environment. The evolving situation in China, for example,
demonstrates the inseparability of politics and economics as Beijing seeks to
strike a delicate balance between market forces and political priorities.
As a consequence, companies are seeking more advanced risk
management tools to monitor and assess emerging risks around the world. The
service, which employs advanced visualisation tools and can be customised to
fit an organisation’s own risk profile, provides a framework for forecasting
economic and geopolitical risks in 164 countries through regularly updated
ratings, in-depth profiles, and event-driven updates.
Richard Fenning, CEO, Controls Risks, said:
“By combining the political acumen of Control Risks’
worldwide network of specialists with the analytical expertise of Oxford
Economics’ unparalleled team of economists, we are able to provide the timely
political and economic insights that companies need to succeed in today’s
complex marketplace.”
The partnership combines Control Risks’ 40 years’ experience
in political, security and integrity risk management with Oxford Economics’
world-class global forecasting and modelling capabilities on 200 countries, 100
industries and 3,000 cities. By coming together the two firms are able to
provide the most complete risk analysis in the market, examining a full range
of interconnected economic and geopolitical risks.
“Understanding the interlinkages between economic and
political risks is of critical importance to our clients, and we are proud to
have collaborated with Control Risks to produce a service that will provide the
basis for more informed decisions,” commented Adrian Cooper, CEO, Oxford
Economics.
Friederike Brinker
Friederike.Brinker@controlrisks.com
+49 30 533 288 0
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