Global Risk Environment Remains Strained
- Sep 21, 2017
By Peter G. Hall, Vice-President and Chief Economist, Export Development Canada
There is no shortage of country risk developments around the world at the moment. Our most comprehensive analysis of such risks is found in our Top 10 political and economic risks piece. EDC has also carried out extensive analysis of Canada-US trade relations and the ongoing NAFTA renegotiations. In order to cover new territory, the focus here will be on developments away from the Western Hemisphere. Below are a few country risk issues that we will be monitoring in the coming months.
On the Korean Peninsula, as both the rhetoric and missile tests continue in the coming months, look for the international community to work to de-escalate tensions. While our baseline scenario is a continuation of the status quo, the probability of a limited conflict developing is rising. Any such conflict would have major implications for South
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