This chapter analyses risks arising from political phenomena including nationalism. Such “non-market risks” include political as well as natural disasters. Taking an historical perspective, the authors interrogate several key research questions, including: What impact did political risk and nationalism have on global business? Have wars and other conficts caused by national interests and id…
Changes in the dynamics of economic activities since the last decades of the 20th century have yielded major changes in the composition of industries and the division of labor and production across different regions of the world. Despite these shifts in the global economy, some industries have remained competitive even without relocating their operations overseas. Industries and Global Competit…