New Report Discusses Key Trends Influencing Global Risk in Q1 2017

Market Research Hub has recently added the “Global Risk Report Quarterly Update: Q1 2017” to its repository hub. The report is a comprehensive glance at the country risk rating model that looks at existing and potential future risks that an individual nation may face by identifying certain factors. The second updated version of the Country Risk Index Report 2017 has ranked Singapore, Sweden, and New Zealand at the top three positions. 31 countries were considered to be very low-risk, 34 countries were classified as low-risk, 39 countries had manageable amount of risk, 24 countries were high risk, and 8 countries had a dangerously high risk in 2017.

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Introduction
Rising cyber-crimes, inequality, geopolitical tensions, economic chaos in major economies, job loss due to increasing automation, the fiscal crisis, an ageing population, and reverse globalization have been highlighted as the major risk factors in 2017. Political instability is a particular concern as recent examples in developed nations such as the US, UK, and Italy demonstrate. Voters seem to have turned away from globalization and are becoming quite hostile towards international trade leading to greater nationalism worldwide. Low interest rates in developed countries have only exacerbated their concerns. A few central banks even have very low interest rates and they have been unable to revive financial markets making it worrisome for the global economy.
Scope of the Report
• On the basis of good governance, greater transparency, control of corruption, better regulatory quality, and political stability, Norway was the highest ranked country and Syria the lowest in the year 2017
• Considering strong economic growth, lower debt, low inflation, easy availability of venture capital and credit, Sweden tops the list followed by the U.S, Taiwan, and Norway respectively in 2017
• Finland has the lowest technological risk and it is trailed by Korea, Japan, and Singapore on the basis of the ICT landscape, internet and mobile penetration, and innovation capacity
• New Zealand and Syria have the lowest and highest legal risk respectively in the year 2017 taking into account investor protection strength, legal framework efficiency, property rights, and intellectual property protection
• 42 of the 136 profiled nations have some sort of environmental risk in 2017. Nations such as El Salvador, the Philippines, and Costa Rica are highly prone to environmental disasters such as earthquakes and floods and are ranked at the bottom of the environmental risk factor

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What is the Report USP?
The global risk report offers a unique country risk rating model that evaluates the present and future risk present in a country by taking into account both qualitative and quantitative aspects. The index is formulated to help companies prepare their business strategies based on past developments in an economy coupled with their future expectations. The country risk index includes updated political, macroeconomic, technological, social, legal, and environmental data from a range of authoritative sources along with proprietary data from the economics research carried out. Furthermore, the model comprises expert analysis from the in-house economic team with their valuable opinions and insights. With a robust approach to assess all possible risks, the team ensures that stakeholders have all tools at their disposal to keep abreast of current risks and trends caused by headwinds blowing across the global economy in an uncertain age.

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This release was published on openPR.