Political Risk in The Gambia: Crime, Terrorism, Monetary Instability, Small Business Flight, and Protectionism

Journal of Political Risk, Vol. 1, No. 4, August 2013.

Figure 1 is a bar graph titled "Comparison of Gambia and Sierra Leone on the Ease of Doing Business in 2013" showing one upward trend in red and a downward trend in blue.

Figure 1: Comparison of Gambia and Sierra Leone on the Ease of Doing Business in 2013. Data Source: World Bank. [1]

Anders Corr, Ph.D.
Publisher

Naheed Vadsaria
Field Researcher

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.

Continue reading