RMI 2302 Final Exam Review Companies that predict risk world wide Companies that predict risk inside the nation Internal Political Risk Analyst Royal Dutch Shell AIG External Political Risk Analyst Consultants AON developing countries have a higher risk Why do we need political risk analysis before 2 The US is making the world a more volatile place Bush Era 3 Offshoring trend is growing Increasingly reliant on energy from political risk states Saudi Arabia Iran Nigeria Russia Venezuela Political Risk Unit of Measure 1 International Markets more interconnected than ever Stability Two factors Strength against shocks Shocks themselves Four categories Stability Index DESIX GESS 1 Government 2 Economy 3 Society 4 Security What are the opportunities Many organizations today are searching for global opportunities growth Proper international expansion is profitable Most developed countries the most stable Least growth opportunities Aging Trends Aging population people 65 and over outnumber those 5 and under Life expectancy is increasing The number of people 80 will double in 30 years More people in their 70 s than 20 s Major Challenges of Aging Population 2 Health and well being issues 3 Challenge of enabling and supportive environments 4 Not uniform across countries some are seeing an aging population coupled with population decline 5 Noncommunicable diseases become an increasing burden 1 killer of elderly 6 Family structures are changing care options for elderly 7 Shrinking ratio of workers to pensioners pay as you go systems Social insurance systems are less sustainable Effects on social entitlement programs 8 Social Political Impacts What are the challenges of enabling and supporting elderly Poverty among elderly Generational equity Inadequate investment in physical and human capital 1 Economic development issues Slower economic growth Current problem countries 1 High birth death rates 1 Population and GDP of developed nations decrease as a Inefficiency in labor markets Suboptimal consumption profiles How is aging going to effect Social Political upheaval geopolitics are aging less likely to cause problems in future Demographics will win war on terror Demographic Transition Steps 3 2 High birth low death rates 3 Low birth low death rates Results of Aging Population 4 percentage of global totals loss of influence 2 US however is best positioned of all developed nations to manage trends less aging of population 3 US actually will become more influential 4 Some developing countries see youth bulges leads to instability Global Aging is a Problem yes no YES Based on everything that we just discussed yes it is a big problem NO This answer is based on the fact that it is a bigger problem in other countries Pax Americana Geriatrica Challenges of an aging population 3 2 Health and well being issues 3 Challenge of enabling and supportive environments result of an aging population 3 2 Population of developed nations will decrease as a percentage of global totals 3 GDP of developed nations will decrease as a percentage of global totals In Is Global Aging a Major Problem Howe and Jackson posit that China could be 1 US will become more influential 1 Economic development issues Peace through America A the first country to cross 10 GDP increase in one fiscal year B the first country to grow old before it grows rich C the first country to successfully implement a national birth control policy D the first country to withstand decades of civil unrest Response Feedback B the first country to grow old before it grows rich What is the number one killer of elderly A murder B car accidents C slip and falls D noncommunicable diseases What problem will China be facing in the future D noncommunicable diseases A The 4 1 1 Problem B The 4 2 1 Problem C 9 1 1 Problem D 3 2 2 Problem If women only have two children what will our population do by 2150 B The 4 2 1 Problem A grow to 8 7 billion B grow to 10 8 billion c decrease to 4 billion D decrease to 5 3 billion E none of the above B grow to 10 8 billion Which phase of demographic transition is characterized by high birth and death rates A pre transition B transition C post transition D ex transition E none of the above A pre transition By 2020 how much will the working population be contracting in Europe and Japan A It will not change B 0 5 to 1 5 C 5 D 10 With human input declining what needs to be done to GDP growth B 0 5 to 1 5 A improved efficiency B more taxes C raise minimum wage D borrow from other countries Which of the following is a challenge with the aging population A improved efficiency B Older people making poor decisions A poverty B health C generational equity D labor inefficiency E all of these are challenges E all of these are challenges Which of the following is not one of the major challenges of an aging population A Challenge of enabling and supporting environments B Older people making poor decisions C Health and well being issues D Economic development issues The U S can expect to become more influential because of the aging population T F True 4 Disaster Risk Drivers 2 Vulnerable rural livelihoods 3 Declining ecosystems 4 Global climate change Why are poor nations worse off No insurance social coverage Lead to income consumption shortfalls which they can t afford Negatively affect welfare and human development where they are already behind Most global catastrophes will occur from what Hyogo Framework 5 Steps 1 Ensure that disaster risk reduction is a national and local priority with a strong institutional basis for implementation 2 Identify assess and monitor disaster risks and enhance early warning 3 Use knowledge innovation and education to build a culture of safety and resilience at all levels 4 Reduce underlying risk factors 5 Strengthen disaster preparedness for effective response at all levels Where can reward be earned Mitigation resilience engineering science climate change 1 Poor urban governance human activities Less resilient Natural Disasters damage or loss of life A natural event such as a flood earthquake or hurricane that causes great fatalities economic losses Death toll damage What makes a disaster Fatalities damage economic effects What is the difference between a natural disaster and a great natural disaster effect on economy Not a clear definition hard to bring precision to natural events What is a disaster in a dense population area Asia What is a disaster in developed countries US Europe Japan Gregory van der Vink
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