India’s score, position and outlook remained unchanged in Eurasia Group’s latest ranking of 24 countries based on their political risks. The Congress party’s strong election victory raises economic reform hopes, said the group, which ranked India 11 with a score of 63 and gave it a positive outlook. In an analysis prepared before the 6 July Budget that disappointed investors, the political risk consultancy cautioned against expectations of sweeping pro-market reforms, citing a belief among the Congress leadership that the electorate had returned it to power because of its “expansive social spending programs”. Pakistan brought up the rear of the rankings with a score of 44 and a neutral outlook.
Also See Global political risk index (Graphics)
Also Read Previous editions of the index
The index is a composite measure of a country’s government, society, security and economy. While the score indicates stability or instability for the month gone by (June, in this case), the oulook (positive, negative or neutral) indicates which way the scores will move.
Mint has partnered with the Eurasia Group for GPRI and runs this every month.
Graphics by Paras Jain / Mint
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