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Continued global recession, weak demand for raw materials, mounting international debt, and the reduction in lending from international banks during the past twelve months will exacerbate political risks during 1983 and beyond. Many governments—especially those in Third World countries—will be wrestling with the opposing strains of trying to satisfy internal consumer demands while at the same time trying to conform to the austere expectations of private and public lending sources. In democratic countries, this means lowered chances for the reelection of those now in power. However, more seriously, in countries where political turmoil is a tradition, there will very likely be an escalation of violence.
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© MCB UP Limited
1983
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