Eurasia Group

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Eurasia Group
Type Corporation
Industry Consulting
Professional Services
Founded 1998
Headquarters New York City, New York, U.S.
Number of locations Offices in London, Washington, D.C., and Tokyo
Key people Ian Bremmer, Founder, President
David Dunn, Head of Business Development
Iku Fujimatsu, Director, Research
Chris Garman, Head of Research
David F. Gordon, Chairman
Harry Harding, Counsellor
Robert Johnston, CEO
Erin Rickards, Chief Human Resources Officer
Cara Sviokla, CFO
Sean West, Deputy CEO
Products Professional services
Revenue Undisclosed (~$75-100m est)
Employees 150 full-time/ 500 part-time
Website www.eurasiagroup.net
Terrace view at Eurasia Group's NYC Headquarters

Eurasia Group is the world's largest political risk consultancy founded in 1998. It has offices in New York, Washington, D.C., London, and Tokyo and employs more than 150 full-time employees.[1][2] The company also employs a network of 500 experts in 90 countries in Asia, Latin America, Europe & Eurasia, and the Middle East and Africa—a profile The Economist magazine calls "an inspiration for any academic with a seemingly useless degree in political science".[3]

Eurasia Group is generally recognized to be the first to systematically bring political science as a discipline to Wall Street.[4] This approach includes the Eurasia Group Global Political Risk Index (GPRI)—the first qualitative comparative political and economic risk index designed specifically to measure stability in emerging markets. Developed over a ten-year period by experts in transitional politics and economics, the methodology provides an "early warning" system which helps anticipate critical trends and provides a measure for country capacity to withstand political, economic, security, and social shocks.[5]

Eurasia Group's D.C. office lobby

Eurasia Group services include analytic research publications and tailored consulting and advisory services, as well as direct access to Eurasia Group analysts, on political trends and their impact on business, financial markets and the foreign investment climate. Eurasia Group's clients include major investment banks, institutional investors, government agencies, and multinational corporations in numerous sectors.

Top 10 Risks[edit]

In January every year, Eurasia Group announces the Top 10 Risks for the coming year, along with notable red herrings (issues of general concern it does not think are substantial risks).[6] Eurasia Group keeps the Top 10 Risks posted on its website for the remainder of the year.

In January 2011, Eurasia Group's top risk was the G-Zero world, where "the world's major powers set aside aspirations for global leadership—alone, coordinated, or otherwise—and look primarily inward for their policy priorities. Key institutions that provide global governance become arenas not for collaboration but for confrontation".[7] In a G-Zero world, "The U.S. lacks the resources to continue as primary provider of public goods, and rising powers are too preoccupied with problems at home to welcome the burdens that come with international leadership".[8]

In January 2012, Eurasia Group announced that the "end of the 911 era" was its top risk for the year. The report described a "world where politics and economics overlap almost entirely," and where investor will become increasingly risk-averse and the baseline of risk become exaggerated. Other top 10 risks included (in order), "G-Zero and the Middle East," "Eurozone," "US, "North Korea, "Pakistan," "China," "Egypt," "South Africa," and "Venezuela."[9]

In January 2013, Eurasia Group announced that "the era of emerging market abundance is finished," and listed volatility in emerging markets as the year's top risk. The report breaks down emerging markets into those "becoming developed," "still emerging--and problematically so," and "backsliding," and outlined the downside risk of markets in each category. Also listed in the report as top risks were (in order) "China v. information," "Arab summer," "Washington Politics," "JIBs - Japan, Israel and Britain," "Europe," "East Asian geopolitics," "Iran," "India," and "South Africa."[10]

Partnerships[edit]

Eurasia Group has a global strategic alliance with PricewaterhouseCoopers, launched in March 2006 to integrate political risk assessment into risk management capabilities for multinational corporations worldwide.[11]

Eurasia Group ringing the opening bell at the New York Stock Exchange.

Announcing a partnership with NYSE Euronext, Eurasia Group rang the opening bell at the New York Stock Exchange on March 18, 2009.[12]

Acquisitions[edit]

In March 2007, Eurasia Group acquired the assets of Intellibridge, a Washington, D.C.-based strategic advisory firm founded by former-National Security Advisor Anthony Lake and David Rothkopf.[13] Terms of the acquisition were not made public, though Intellibridge had received some $28 million in capital since being founded in 1999.

Advisory board[edit]

Eurasia Group's Advisory Board members are heads of industry and finance, many with previous government experience.[14] Notable members include internet visionary Vint Cerf, hedge fund billionaire Kenneth Griffin, Wall Street banker Sallie Krawcheck, former Undersecretary of State Thomas Pickering, and Nikko Asset Management Chairman Takumi Shibata.

Trivia[edit]

Similar to Bloomberg, Eurasia Group eschews private offices; all employees sit "on the floor"[vague] to facilitate communication.[citation needed]

Similar companies[edit]

References[edit]

External links[edit]

Coordinates: 40°45′9″N 73°58′53″W / 40.75250°N 73.98139°W / 40.75250; -73.98139