bruegel. 政治风险对金融市场日益加剧的影响 The growing impact of political risk on financial markets.pdfVIP

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bruegel. 政治风险对金融市场日益加剧的影响 The growing impact of political risk on financial markets.pdf

ANALYSIS10/2026/28April2026

Thegrowingimpactof

politicalriskonfinancial

markets

Riskassociatedwithbroadpoliticalchangescanbe

quantifiedwithagloballypricedfactorcommonacross

stocks,bondsandcurrencies

VitoD.Gala,GiovanniPagliardi,IvanShaliastovich,Stavros

Zenios

Politicalriskisincreasinglydrivingfinancialmarkets.Governmentcoalitionsfailand

snapelectionsarecalled.Tariffwarsreshapeglobalsupplychains.Theconflictsin

UkraineandtheGulfdisruptcommodityflows.TheU

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