The Asia-Pacific region (APAC) has become the world’s primary driver of global economic growth.
While often referred to as one economic bloc, the Asia-Pacific region is home to countries and territories that are vastly different from each other in terms of demographics, economic development stages, political institutions and cultures. This regional heterogeneity translates to a diversified set of risk concerns in different countries and territories.
Understanding these different risk profiles for each locality is key for doing business in Asia-Pacific.
The report 14 Shades of Risks: Navigating the Risk Landscape in Asia-Pacific is an extension of the From Threats to Impact: Evolving Risk Concerns in Asia Pacific Vol. 3 publication launched earlier this year by Marsh & McLennan Companies’ Asia-Pacific Risk Center. Marsh & McLennan Companies is Guy Carpenter’s parent company.
By putting together the risk profiles of 14 major economies in the region – Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam – these profiles cover three major topics:
- An examination of the most important risks to doing business in a country/territory in the next 10 years. These risks are taken from the results of the annual Executive Opinion Survey conducted by the World Economic Forum (WEF)
- Coverage of two complex and evolving risks not covered in the survey, but that would pose serious challenges to businesses in a country/territory. These are based on the perspectives of Marsh & McLennan Companies’ business leaders in the respective locations
- A set of succinct key takeaways for doing businesses in a country/territory, leveraging the wealth of knowledge and expertise across Marsh & McLennan Companies.