Thursday, November 3, 2011

Factbox: Key political risks to watch in the Philippines

Factbox: Key political risks to watch in the Philippines | ABS-CBN News | Latest Philippine Headlines, Breaking News, Video, Analysis, Features

The analysis of any business environment usually differentiates between "risk" and "uncertainty". The distinction is this: an "uncertainty" cannot be controlled or managed, but a "risk" certainly can. Thus, for example, in the current context of the European debt crisis, a potential investor will regard the possibility of a Greek default as a risk. The uncertainty is whether the present Greek government - or even the European leaders - can come up with any solution to the crisis that will restore market confidence in the short-to medium term.

So I would re-read this article as "key political uncertainties in the Philippines" affecting business.