The Essence of Political Risk and Its socio-Economic Ground

The article considers approaches to the definition of political risk by foreign and Russian authors. The author notes that some of the existing definitions saturate the concept with unnecessary conventions, without which the political risk does not cease to be such. The author proposes an essential definition of political risk. The article also notes that the essence of political risk is revealed only through said risk’s analysis. In this regard, the article considers several of proposed methods of analysis of political risk, their strengths and weaknesses. The author concludes that a large number of definitions and approaches to measuring political risk indicates the continuing development of this area, which reflects its relevance.