Most of the classical political risk management theories are based on the domestic independent movement in the 1960s. The author tries to identify the new features of political risk after the end of Cold War.The Political Risk Coefficient is a new method raised by the author to assess political risk in both micro and macro aspects.The author claims that both the government and the enterprise should participate in the management process of political risk. Thus, the author tries to build a political risk management framework based on the new features of political risk. |