Breaking NewsTreasuryandRisk.com will be offline for scheduled maintenance Saturday July 24 5 AM US EST to 8:30 AM EST. We apologize for the inconvenience.

Search
 
Analysis

Global Risk of Civil Unrest

New analysis shows 37 countries face a “perfect storm” of risk due to Covid-19 and preexisting political and social tensions.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Stock illustration: globe

Today, global risk analysis company Verisk Maplecroft released the results of its latest Civil Unrest Index Projections. The outlook is not optimistic.

The firm identifies 37 countries that it expects to face major spikes in unrest during the second half of this year. Drivers of this dissension include the growing numbers of unemployed, underpaid, and underfed citizens in these jurisdictions. Covid-19 has routed economies around the world, and Verisk Maplecroft expects the slow and painful recovery to inflame the public’s anger with their governments. This poses “a risk to domestic stability with few parallels in recent decades,” the firm warns.

Most of the economies facing the highest risks are located in Africa and Latin America, although the United States is also at medium to high risk. (See Figure 1, below.) Unrest in emerging and frontier markets fell during spring 2020, presumably as a result of government lockdowns. However, protestors are now hitting the streets worldwide, speaking out about socioeconomic inequalities, civil and political rights, and government corruption. Nigeria, Iran, Bangladesh, Algeria, and Ethiopia are among the highest-risk countries, as they face a “perfect storm” of anger over both the pandemic economy and preexisting grievances.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Recommended Stories

Liability for Transmitting Covid-19

Liability for Transmitting Covid-19

Thomas A. Moore & Matthew Gaier |

In their Medical Malpractice column, Thomas Moore and Matthew Gaier discuss both historical and modern precedent that helps answer the current issue during the COVID-19 pandemic as to whether people who infect others by engaging in negligent conduct may be held liable for the damage they cause.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.