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Political Risk Analysis

Maastricht Summer School
Netherlands, Maastricht
Maastricht Summer School Netherlands, Bonnefantenstraat 2, 611 KL Maastricht, The Netherlands
Tuition fee €600.00 per programme


The recent developments in Turkey, the social unrest in Venezuela and the ongoing conflict in the Ukraine underline the continued importance of political risk analysis for companies, policymakers and NGOs. This course teaches you the skills to analyze political risk drivers and their impact on the economic growth potential of Emerging Markets. How are political risks defined? Where can you find valuable open source data? What national and global developments affect the political risk in a country? To answer these questions, you first collect open source data required for a thorough political risk analysis of a chosen country. In the next assignment, you write the political risk section of a country risk report about this same country. To prepare for this section, you learn how to use the ‘causal chain canvas’ to visualize the direct and indirect effects of a change in political risk drivers. In the final assignment, you compare the political risks in your home country with in the home countries of your teammates. You present your findings in class. Interactive lectures and roundtable discussions help you prepare for your assignments.

▪ Designing an analytical framework to identify political risk drivers in Emerging Markets, and their impact on consumption, investment and exports;
▪ Comparing the political risks and the underlying drivers of different countries;
▪ Assessing the impact of changes in world politics on one particular country;
▪ Finding, selecting and interpreting open-source data;
▪ Finding, selecting and interpreting open-source data;
▪ Boosting your employability by acquiring valuable skills required for positions in business, government and academia.

Instruction language

▪ Strong motivation and good command of English are essential to get a pass for the course;
▪ Basic knowledge of economic ideas and/or trends is recommended;
▪ Aimed at Bachelor/ Master/ PhD students in Economics/ Business/ Political Sciences/ International Relations/ Geography/ History. If in doubt, please contact Leonhardt for personal course selection advice.

Suggested literature
Below you find some general reading suggestions. It is not required to do some reading before the course. If you like to read something, select the sources that are closest to your research interests. Alternatively, please ask Leonhardt for personal reading advice.
▪ McKellar, R. (2010) A short guide to political risk. Gower;
▪ Van Efferink, L., Kool, C. and Van Veen, T. (2003) Country Risk Analysis. NIBE-SVV.
▪ Van Efferink, L. (2015) Our Framework of Country Risk Indicators.
▪ Van Efferink, L. (2018) Political Risk Analysis [Reading List].
▪ Van Efferink, L. (2018) Political Risk Data [Reading List].
▪ Van Efferink, L. (2018) Political Risk Indicators [Reading List].
▪ Verhulst, G. (2017) A Flexible Tool for Impact Assessment of Political Risk Indicators.

Teaching methods
▪ Lectures ▪ Presentations ▪ Work in subgroups

Assessment methods
▪ Attendance ▪ Participation ▪ Presentation

▪ Political Risk Analysis ▪ Economic Impact Assessment ▪ Political Risk Concepts ▪ Political Risk Indicators ▪ Political Instability ▪ Population Growth ▪ Poverty Level ▪ Corruption ▪ Civil War ▪ Ethnic Conflict ▪ International Relations ▪ Open Source Data ▪ Analytical Skills

Apply now! Block 5.1 2018/19
Application deadline
Jun 1, 2019 23:59
Europe/Amsterdam time
Studies commence
Jul 29, 2019

Application deadlines apply to citizens of: United States