20/F, Central Tower
28 Queen's Road, Central, Hong Kong
Mailing Address: G.P.O. Box 1342, Hong Kong
Tel: (852) 2541 4088 Fax: (852) 2815 5032
PERC Organization | Experience
| Publications | Senior Management |
Established in 1976, Political & Economic Risk
Consultancy is headquartered in Hong Kong. From this
office, PERC coordinates a team of researchers and analysts in the ASEAN
countries, Greater China and South Korea. Some of the
world's leading corporations and financial institutions regularly use PERC's
services to assess key trends and critical issues shaping the region, to
identify growth opportunities, and to develop effective strategies for
capitalizing on these opportunities.
Although a wide range of companies
use our services, the focus of our research is very much a niche: We help
companies understand how politics and other subjective variables are shaping
the business environment in individual Asian countries, the interlinkages
between countries and the people of the region, and how Asia is interfacing
with other parts of the world. Such variables may be
difficult to quantify, but nevertheless can have a critical impact on
investment performance and therefore have to be factored into the
decision-making process, which is the function of our services. Our value lies
in our experience, our Asian network of seasoned analysts, our emphasis on
primary research, our ability to network with risk analysts covering other
parts of the world, our complete independence from any vested interest groups,
our technical capabilities, our discretion, and our integrated, regional
approach to analysis. We have included here a short
list of some of our projects in order to give you an idea of the focus and
range of our work:
·
We
currently have a research team in Myanmar studying how conditions are changing
and assessing the potential for different infrastructure and resource
industries, as well as for developing the tourism, hotel and travel industries.
·
We
recently finished researching
growing economic links between Latin America and Asia and risks
involved with Asian direct investments in different mining and infrastructure
projects in Latin America.
·
One
of the more interesting projects we did last year was for a major sovereign
wealth fund that was investing in state-owned companies in other
countries. This put an entirely new spin
on the concept of “sovereign risk” and calculating a “sovereign risk premium”
which was the focus of this project .
·
We
have just finished a country risk assessment of Cambodia for a company with
significant exposure to that country.
The analysis is part of a stock exchange listing requirement the company
needs to fulfill, namely, to present on a regular basis an independent
assessment of country risks for its main institutional investors.
·
We
recently partnered with a number of other political
analysts to develop scenarios assessing the implications of a radical political
change in North Korea for other countries in the Asian region. This is typical of the scenario planning work
PERC’s does – helping clients envision and plan for different futures, identify
important signposts that indicate directional change, and monitoring those
signposts on a regular basis.
·
Several
law agencies, multilateral institutions, and government agencies retain PERC to
measure changing perceptions on such issues as corruption. We assess how perceptions are changing over
time in individual countries and how perceptions compare between countries, and
how corruption compares between different regions, industries and government
departments in individual countries.
Besides customized consulting, PERC also offers several published products.
Robert Broadfoot is the founder and Managing
Director of Political & Economic Risk Consultancy, Ltd. A
US citizen, Mr. Broadfoot graduated with honors in economics from Oberlin
College in the United States in 1972. He has lived in
Hong Kong since 1975. Beside coordinating PERC s
overall operations, Mr. Broadfoot is directly responsible for managing PERC's
research and consulting involving mainland China and the Greater China region. In addition to overseeing PERC's primary research, Mr.
Broadfoot facilitates customized scenario-planning programs for companies to help
them understand the parameters of uncertainty they face, the interlinkages of risks within and between countries, and
signposts they should be aware of to gain a competitive advantage by
recognizing changes in the environment. His
analysis of Asian developments is regularly quoted by such publications as the Asian Wall Street Journal and The New York Times, as well as by such
TV stations as CNN, CNBC and Bloomberg.
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