The United Kingdom Bribery Act 2010 that came into effect on July 1, 2011, marks a new development in extraterritorial jurisdiction in the context of the worldwide campaign against corruption. This article aims to explore, in how far foreign companies are affected by the Bribery Act and what they can do in order to avoid…
Organized violence, be it politically or criminally motivated, poses the most prominent risk to the socio-economic development of a country. Some 1.5 billion people worldwide are affected by violence, a disturbing number, revealed by the World Bank in “The World Development Report 2011: Conflict, Security, and Development”. The Report contains a major shift in focus…
The second part of the article on conflict resolution draws the conclusions from the previously developed argument, that mitigating the risks of peace negotiations, as perceived by the conflict parties, is the key to ending protracted conflict (see Conflict Resolution (I): Peace-Making and Risk-Taking). The risk evaluation tool introduced below, aims to identify and assess…
Parties who are involved in a protracted conflict must take risks in order to be able to settle their dispute. This argument may seem counter-intuitive at first, but consider the Middle East conflict as the perhaps most notorious case. For many years of on-and-off peace talks, both the Israeli government and the representation of the…
The several hundred billion Dollars to be invested in measures to fight climate change over the coming years, not only encourage the good who seek to halt dangerous global warming, but they also attract the crooks who look for new booty. Transparency International (TI), the renowned international civil anti-corruption organization, recently published a comprehensive report…
Given the diversity of countries to monitor, this article introduces a generic method for political risk intelligence that can easily be customized to a client’s needs. Defined as the issue-based approach, it mediates between the macro-level of assessing the main categories of political risk and the micro-level analysis of political power networks. The issue-based approach…
Advisors active in conflict management need to consider what drives the conflict behavior of the parties involved in a dispute. Conflict behavior is, to a certain extent, motivated by rational strategic interests. But the escalation of a conflict also results from socio-psychological factors, such as attribution effects, as well as cognitive biases, such as framing…
