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“Political risk” is what politicians face when they take an unpopular stand. But political risk has other meanings, including corporations’ gauging of the business climate of emerging markets. Public affairs professionals should embrace this definition when dealing with an unstable political environment at home.

Government affairs departments are often asked to do more with less, so they must work smarter, which often means engaging consultants. But finding the right consultant can be difficult. A new report from the Foundation for Public Affairs will help make that process easier.