The risk of civil unrest is rising in over 100 nations, with the “worst yet to come,” according to an analysis published Thursday by the U.K.-based consulting firm Verisk Maplecroft.
“With more than 80% of countries around the world seeing inflation above 6%, socioeconomic risks are reaching critical levels.”
Incorporating data going back to 2017, the latest update to the firm’s civil unrest index (CUI) shows that the last quarter of this year “saw more countries witness an increase in risks from civil unrest than at any time since the index was released,” the analysis states. “Out of 198 countries, 101 saw an increase in risk, compared with only 42 where the risk decreased.”
“In December 2020, we warned of a new era of civil unrest, projecting that 75 countries would see an increase in civil unrest risk by August 2022. The reality has been far worse, with 120 countries witnessing an increase in risk since then,” the firm pointed out.
“With more than 80% of countries around the world seeing inflation above 6%, socioeconomic risks are reaching critical levels,” the analysis explains. “Almost half of all the countries on the CUI are now categorized as high- or extreme-risk, and a large number of states are expected to experience a further deterioration over the next six months.”
In a separate index, measuring government stability within countries, the firm found that 42 nations saw an increased risk of having their governments challenged or toppled compared with 27 countries where it dropped…
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