Globalisation is bringing disparate regions of the world closer together, and increasing the global effects of localised change.
Globalisation represents an opportunity to expand activities beyond conventional horizons, in support of growth or the fulfilment of socio-economic
development objectives. Emerging markets in particular are a burgeoning business opportunity, and are highly relevant to the missions of development
However, accessibility has not led to an attenuation of the challenges of a direct presence. While there is a degree of economic and institutional capacity-
building across most of the developing world, instability, weak governance and conflict continue to drive risks, which are evolving ever more quickly.
Additionally, global interconnectedness means that localised unrest can have regional or global implications.
Balancing global opportunity with regional and local reality remains a perplexing challenge. Ad hoc or reactive responses are not sufficient. There is a
need for a strategic perspective on the socio-political issues that can affect initiatives in complex emerging markets, and integrated, coherent responses.
The intersection of strategy and socio-political risk is Harmattan’s space and remit.
Resilience in complex emerging markets