Geopolitical risks are a group of risks, reflecting the external impact on the public administration system, by international political factors.
Such as violation of international agreements, the creation of warring alliances and alliances, declining national security, loss of sovereignty and others.
These risks affect both the entire internal structure of the elements of the system under study, as well as the associated risks, and the factors of their occurrence.
Geopolitical risks are divided into:
- the risk of warring international coalitions, alliances;
- the risk of deteriorating relations with strategic partners and opponents;
- risk of military action;
- the risk of a change in the arrangement of political forces;
- risk of violation of international political agreements;
- risk of loss of sovereignty;
- risk of deterioration of national security;
- risk of loss of control over strategically important territories;
- risk of diminishing political image;
- other risks related to geopolitical factors.
Indicators of identification of this risk group are:
- number of political agreements concluded;
- the length of state borders;
- the area of the country;
- level of R & D development and implementation, including military technology;
- population density;
- the pace of development and updating of the legislative framework;
- infrastructure development;
- access to transport routes;
- and other geopolitical indicators.
Ways to evaluate geopolitical risks:
- control of political views and intentions of other countries;
- analysis of legislative framework and legislative activity of counterparty countries;
- analysis of international media;
- conducting intelligence activities;
- analysis of other geopolitical data;
- other modern controls geopolitical situation of the country.
Methods of managing geopolitical risks:
- political participation in other countries; participation and creation various international agreements, unions, alliances;
- strengthening the country's political image; maintenance and implementation of R & D projects, including military technologies;
- improving the skills of diplomatic mission staff;
- finding and implementing modern methods strategic planning, forecasting and monitoring;
- establishment of appropriate reserve funds;
- and other methods.
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