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In The Balance

In the Balance: In the Balance: Risky business

06/04/2013

In the Balance: Risky business

BBC World Service - In the Balance, In the Balance: Risky business

How do companies assess the risks of doing business in countries where tension is high?

How do companies assess the risks of doing business in countries where tension is high? In The Balance looks at the business of risk analysis.

This week we look at the risky business of risk. We are all notoriously bad at assessing risk. Why do so many of us get scared flying in a plane when we know it's statistically far more likely we'll end up under the wheels of a truck on the way to the shops? For businesses there are certain parts of the world that are more risky than others - and now given the fact that the North Koreans are ratcheting up the political tension - will companies continue to invest in South Korea? Assess the risks with Jamie Robertson and guests: Ian Bremmer, the president and founder of Eurasia Group, the leading global political risk research company; David Horgan, CEO of Petrel Resources, an oil and gas exploration company working in Iraq, West Africa and off the coast of Ireland and Paddy Docherty,  chief executive of Phoenix Africa, which is setting up an agriculture business in Sierra Leone and specialises in investments in post-conflict areas. He is also now a member of the Global Agenda Council on Fragile States at the World Economic Forum.

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