Geopolitical Risk Spillovers: Evidence from G20 Countries
Journal: DergiPark (Istanbul University)
Year: 2023

The repercussions of geopolitical risks encountered by a nation extend beyond its borders and can have a ripple effect on neighboring and even distant countries. These geopolitical risks, stemming from a mix of political, geographical, and geopolitical factors, can influence other nations through international tensions, security concerns, trade disputes, acts of terrorism, armed conflicts, natural disasters, and political instability. The paper aims to investigate the dynamic relationships betwe