The geopolitical alignment rankings within the political threat index had been assigned by impartial consultants from Oxford Analytica’s international community, whereas nations and territories included within the index had been chosen primarily based on volumes of international funding and ranges of political threat.
WTW and Oxford Analytica discovered that
- 25 main economies leaned West, in the direction of the US, Europe, or each
- 18 leaned east, opposing the Western powers on key political points, and
- 18 had been making an attempt to stay impartial.
In common, the Western bloc misplaced a lot of its affect in all world areas in comparison with 5 years in the past, when the WTW political threat index counted as many as 30 nations within the Western bloc and 13 of those had been thought of ‘strongly allied’ to the West.
WTW and Oxford Analytica now discovered that solely six nations or territories within the index certified as ‘strong Western allies’. These included Jordan, Mexico, Qatar, and Taiwan. On the opposite hand, seven nations or territories rated as leaning ‘strongly East’, together with China, Russia, Mali, Myanmar, and Belarus.
“The findings suggest that countries such as Turkey, Saudi Arabia, Pakistan, Cameroon, and Uganda are ‘dealigning’ from the West,” stated WTW director of political threat analytics Sam Wilkin. “The West’s declining influence in the emerging world will create yet more risks for globalized business.”
WTW and Oxford Analytica’s political threat index additionally discovered that the nations that had begun to incline East from an initially impartial or Western stance over the previous 5 years additionally confronted larger expropriation dangers (7%) and skilled fewer political rights (-10%) and fewer financial freedom (-4%) throughout the identical interval.
Countries that had merely ‘dealigned’ from the West additionally skilled the identical traits on these three key threat indicators. WTW attributed these rising dangers to the declining affect of the U.S. and its allies.