In 2023, we have witnessed plenty of shock events: consider, for instance, Hamas’ attack on Israel and Israel’s subsequent siege on Gaza, Chinese “spy balloons,” the assassination of Wagner chief Yevgeny Prigozhin, and even UFOs that may be extraterrestrial. Shock events are risks—or threats to stability—that, while they are in the realm of possibility, are very hard to predict. That said, attempting to determine what they are can serve as a useful tool to help decision makers, from policymakers and investors to businesses and nonprofits, prepare for unexpected challenges in the future. [time-brightcove not-tgx=”true”] Based on a four-year research project with graduate students
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