A measure of geopolitical risk spikes
Featured in: Charts of the Week on March 4
We first published this chart just after Russia’s escalated invasion of Ukraine in February.
It uses a measure of risk from Economic Policy Uncertainty,an academic group that creates indices relating to policy challenges ranging from infectious diseases to wars.
Their geopolitical risk index tracks newspaper archives going back decades. Peaks occurred around 9/11 and the collapse of the Soviet Union. While tensions between Russia and the West remain elevated, geopolitical tensions are generally taking up less space in the media; the index is welldown from its March peak.