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Political risk now affects more markets and countries than ever before and that risk will continue to rise. But traditional methods of managing political risk are no longer legitimate or effective.
In Tectonic Politics, Nigel Gould-Davies explores the complex, shifting landscape of political risk and how to navigate it. He analyses trends in each form of political risk: the power to destroy, seize, regulate, and tax. He shows how each of these forms reflects a deeper transformation of the global political economy that is reordering the relationship between power, wealth, and values. In a world where everything is political, the craft of engagement is as important as the science of production and the art of the deal. The successful company must integrate that craft-the engager's way of seeing and doing-into strategy and culture.
Drawing on a career in academia, business, and diplomacy, Gould-Davies provides corporate leaders, scholars, and engaged citizens with a groundbreaking study of the fastest-rising political risk today. "As tectonic plates shape the earth," he writes, "so tectonic politics forges its governance."
List of contents
Contents:
Acknowledgments
Introduction Beers in Bangkok
1. The Softness and Hardness of Political Risk
2. First Principles, Second Thoughts
3. Gray Swans Take Flight
4. Coffee, Data, and Other Drugs
5. The Craft of Engagement
Conclusions The Future of Political Risk
Notes
Index
About the author
Nigel Gould-Davies is an associate fellow of Chatham House, the Royal Institute of International Affairs. He teaches at Mahidol University International College in Thailand. Between 2010 and 2013 he held senior government relations roles in the international energy industry. From 2000 to 2010 he served in the British Foreign Office, including as ambassador to Belarus.
Summary
Explores the complex, shifting landscape of political risk and how to navigate it. Nigel Gould-Davies analyses trends in each form of political risk: the power to destroy, seize, regulate, and tax. He shows how each reflects a transformation of the global political economy that is reordering the relationship between power, wealth, and values.
