A very interesting piece from Research Provider Global Economics
Geopolitical risks have grabbed the headlines recently and have been cited as a key factor depressing global economic prospects. However, the military conflicts which have attracted most attention pose
less of a threat to the world economy than more peaceful developments in Hong Kong and the EU.
There has been a steady deterioration in global security over the past few years. One gauge of this is the Global Peace Index, published by the Institute for Economics and Peace (IEP), which ranks countries
according to 22 qualitative and quantitative indicators. According to this measure, the number of countries experiencing the highest level of conflict rose from three in 2007 to eleven in 2014. (See Chart 1.) Of these, the biggest threats to the world economy are posed by conflicts in Ukraine and Iraq/Syria.
See attached PDF