The Recurring Intellectual Plague of Globalization

Journal of Political Risk, Vol. 8, No. 5, May 2020

The photo is taken from behind an office worker in a shirt. They are only partially visible. The focus is on a laptop screen depicting graphs and pieces of paper.

A rear view of a businessman as he tries to sort out the mess of geopolitical events. Source: Pexels.

William R. Hawkins
Former U.S. House Foreign Affairs Committee

In the public mind, the outsourcing of jobs to China, which built the conveyer belt that carried Covid-19 from Wuhan to the world, was the fault of soulless transnational corporations. Greedy business tycoons were willing to deal with anyone in the pursuit of profit, regardless of larger consequences (of which the current pandemic is not the most dire). What cannot be overlooked, however, is that these private actors were given moral cover by intellectuals who assured them that they were fulfilling a higher purpose by spreading liberal values and promoting peace in a new era of globalization. Continue reading

Canary In The Coal Mine: The US Navy’s Dilemmas As An Indication Of A Culminating Point In National Grand Strategy

Journal of Political Risk, Vol. 8, No. 4, April 2020

A series of navy ships is depicted from a distance on the ocean. They appear to be travelling rapidly.


June 20, 2000 – The U.S.S. Abraham Lincoln Battle Group and ships from Australia, Chile, Japan, Canada, and Korea steam alongside one another for a Carrier Battle Group Photo during RIMPAC 2000. US Navy.

Captain Robert C. Rubel
USN (Ret)

From a resource point of view, the US Navy has not been doing well lately, its program to expand fleet size to 355 ships, a number that seems to be accepted by the Administration and Congress, has been suffering a series of setbacks.  Whether being raided for money to build a border wall, forced to fund the replacement ballistic missile submarine program or constricted due to the need to bolster current readiness, the Navy’s shipbuilding budget is under tremendous pressure, and Congress, despite a desire for a bigger fleet, has not increased the Navy’s top line sufficiently to accelerate ship construction.  Moreover, and perhaps worse, the Navy has been unable to produce a fleet structure assessment (FSA) that passes muster with the Secretary of Defense, who doubts the validity of a key assumption that underpins the study.[1]

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Defeating China: Five Strategies

Journal of Political Risk, Vol. 8, No. 4, April 2020

Fighter jets of the U.S. Navy Blue Angels demonstration squadron fly over the Lincoln Memorial during the Fourth of July Celebration 'Salute to America' event in Washington, D.C.

Fighter jets of the U.S. Navy Blue Angels demonstration squadron fly over the Lincoln Memorial during the Fourth of July Celebration ‘Salute to America’ event in Washington, D.C., U.S., on Thursday, July 4, 2019. Source: Official White House Photo by Joyce N. Boghosian.

By Anders Corr, Ph.D.
Publisher of the Journal of Political Risk

Since 1989, when China massacred thousands of its own people in Tiananmen Square to stop a pro-democracy protest, the country has arguably grown into the world’s most powerful and centralized state. China’s GDP by purchasing power parity (PPP) is approximately $25.4 trillion, while the U.S. GDP PPP is only about $20.5 trillion.[1] One man, Chinese President Xi Jinping, has almost total control of China’s economy and a leadership position for life. China’s authoritarian system, most recently, allowed the COVID-19 virus to become a pandemic. By the time it is controlled, it may have killed up to millions of people.

Compared to Xi Jinping, political leaders in democracies have comparatively little economic power. U.S. President Donald Trump, for example, has only partial control of the smaller (by purchasing power parity when compared to China) U.S. economy, and must be reelected in 2020 to continue his tenure for a maximum of an additional four years.

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Time To Bring Taiwan In From The Cold: Start Working Towards A Normalization Of Relations

Journal of Political Risk, Vol. 8, No. 2, February 2020

Taiwan into the UN rally held in front of the PRC Mission to the UN in New York City. Protestors hold green and white flags. A black and white banner which reads "UN: don't leave Taiwan behind" features in the foreground.

Taiwan into the UN rally held in front of the PRC Mission to the UN in New York City, September 22, 2018. Photo: Gerrit van der Wees.

Gerrit van der Wees
George Mason University, George Washington University

A recent episode in Prague illustrates in two important ways that China’s relations with the West are changing fast.  It shows the need for the US and Western Europe to reimagine relations with Taiwan, bring Taiwan in from the cold of political isolation, start working towards a normalization of relations, and find a rightful place for that democratic country in the international family of nations.

A Prague Spring in the offing?

First, consider that policymakers in the Czech Republic are increasingly pushing back against the way China has been attempting to isolate Taiwan internationally. Led by the new mayor of Prague Zdeněk Hřib, elected in November 2018, and his up-and-coming Pirate Party, the city last year broke off sister-city ties with Beijing – which had imposed unacceptable “One China” conditions on the arrangement – and established ties with Taiwan’s capital Taipei.

To be sure, at the national level, key policymakers like President Miloš Zeman and Prime Minister Andrej Babiš, both associated with the right of center business community, are still very much in Beijing’s pocket. But observers in Prague indicate that a new Prague Spring is in the offing.

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Making Political Risk More Politically Relevant

Journal of Political Risk, Vol. 7, No. 12, December 2019

Ukraine's Independence Square depicted from above against a blue backdrop.

Ukraine’s Independence Square in Fall 2013, taken only months before it erupted into violent protests culminating in the overthrow of the sitting government. A busy commercial and tourist hub that day, there was no sign of the war zone it would soon resemble. Photo: Alicia Ellis.

Alicia N. Ellis, Ph.D.
Arizona State University

Executive Summary

This report assesses the state of the academic literature on political risk and evaluates its contribution to understanding and mitigating risk for both business and political professionals. This assessment concludes that policy-relevant research has been in some cases limited and, in most cases, ineffectively communicated. Several major problems contribute to the persistent disconnect between policy, industry, and academia. Political scientists do not approach their research questions in a communicable way, nor do they often take the necessary step of connecting their research to an end use. Risk rating organizations have become overly reliant on cross-national aggregate models. Mixed methods research has been applied inappropriately and thus, ineffectively. Systematic biases have been introduced to models at a structural level, and conceptual difficulties plague some of the most basic questions for risk analysts.

Despite these problems, opportunities do exist for bridging the gap between research and practice, and producing policy-relevant research. This article proposes some recommendations for moving forward. Research questions must be structured in new ways to reflect the needs of end consumers that include non-academic professionals. Several research agendas in need of a practical-minded researcher are put forth, including the rise of China and what it means for global trade patterns, the ‘buy local’ movement spreading across the United States, and the problem of democratic consolidation. For each problem identified, the article makes suggestions for how we might reframe the questions in a way that produces more useful research on political risk. Continue reading