With the US wobbling atop its fiscal cliff, the European Union struggling to control the eurozone crisis and Japan seemingly sunk into permanent stagnation, it would be easy to conclude that the biggest global risks of 2013 come from the developed world.
Not so, says Eurasia, the political risk consultancy. In its predictions for 2013, the group puts emerging markets at the top of the risk rankings. That’s because the advanced economies have proved in recent years that they can manage crises. Emerging markets will struggle to cope with the world’s growing political pressures. Read more