Optimism that tax reform will gain momentum prompted an upgrade of India’s outlook to positive from neutral in Eurasia Group’s latest ranking of 24 countries based on political risk.
India, however, stayed at the 12th position with a compositive score of 62 in November (down from 63 in October), one notch above China, which had its outlook dropped to negative. Hungary topped the list of 24 countries and Pakistan brought up the rear, with scores of 76 and 43, respectively.
Also See Composite Score (Graphics)
The index is a compositive measure of a country’s government, society, security and economy. While the score indicates stability or instability for the month gone by (November, in this case), the outlook (positive, negative or neutral) signals which way the score will move.
Also Read Previous editions of the index
Mint has partnered with Eurasia Group for the Global Political Risk Index (GPRI) and runs this every month.
Graphics by Ahmed Raza Khan/Mint
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