National Political Risks Addressed by a Dedicated Crisis and Risk Management Technique

The world has been confronted with at least three significant security crises since the new millennium, to begin with the terror crisis with culminating in 2001 and 2016, the migration crisis dating back to 2015 mainly in Europe and the epidemiological crisis originating in 2020. Research shows that nations are divided over what types of methods are to be used to tackle these crises.Materials and Methods: The analytical and comparative methods have been used to get a bird’s eye view on dissimilar ap proaches to crisis and risk management taken by various nations.Results:This research addresses how crisis and risk management within the context of public governance can widely differ among states. In order to understand the indications and warning methodology of intelligence agencies, the authors have identified the prevailing twenty-first-century political risks by juxtaposing crises and risks. Drawing on the black swan theory, the authors describe how crises may evolve into risks given a plethora of hazards that may endanger today’s national security such as terrorism, migration with malicious intent and global pandemics. Five vital state interests have been outlined that are critical for governments to perform national threat assessments and forward looking scenario-building. The study ends by illustrating Plato’s ideal state concept applied to internal security governance.Discussion and Conclusion: The key takeaway is that crisis and risk management is urgently required on a more global scale in the years following 2020.