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However, geopolitical indicators are not easy to quantify.
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It is an indicator of geopolitical risk.
The price of crude is now commonly seen as an indicator of geopolitical risk, a role traditionally associated with gold.In the past wars have led to inflation and higher commodity prices.
The authors point out that the vast majority of Indicators are based on data aggregated by geopolitical unit.
S&P gave a long list of indicators it might use, including "economic, regulatory and geopolitical influences, management and corporate governance attributes, and competitive position".
Traditional indicators, like supply and demand, seem to have receded into the background as geopolitical concerns have taken grip.
Geopolitical calculation?
Geopolitical lines have blurred.
But they are mainly geopolitical.
Asia is a geopolitical tinderbox.
It's a geopolitical foe.
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