Unfolding the Ingredients, Compounds and Tendencies of Geopolitical Risk

ABSTRACTIn a dynamic world environment, geopolitical risk emerges as a key driver of asset volatilities, low investment returns and deteriorating business performance across financial markets. To enhance decision-making under uncertain conditions, this paper explores 983 publications on geopolitical risk from 1982-2022 by exhibiting its constituents, manifestations and research avenues. It depicts that aggravating geopolitical risk effects, particularly in the last decade, have intrigued prominent authors, impactful journals and influential documents in this field. The co-occurrence and co-authorship networks demonstrate word clusters and collaboration groups. Further, topic modelling identifies five underlying issues that connote prospects of subsequent researcher efforts. The imbalances in energy economics surfaced as the foremost channel through which geopolitical risk plays havoc on commodity fundamentals, environment, security and financial stability. This study equips businesses and governments to tackle the consequences more competently