Purpose: The purpose of the paper is to investigate the ß-convergence process between European Union member states in the period 2000-2014 and identify channels of that process. The paper attempts to illustrate if the investigated group of countries experienced convergence because of capital...

1. Introduction -- 2. Overview of Political Risks -- 3. Methods of General Risk Management -- 4. Create Transparency About Political Risks -- 5. Managing Tactical Political Risks -- 6. Managing Strategic Political Risks -- 7. Geographic Flexibility as a Key Strategy in Political Risk Management...