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…
This book is open access under a CC BY-NC-ND 4.0 license. Multinational corporations (MNCs) have long played a crucial role in the Chinese economy. This role is one that is set to continue in the post-pandemic era as China works to transit to a high-quality growth model that is more sustainable and innovation-driven. With global experience and front-line involvement in some of the most pressing…
The greatest dilemma facing the author of a textbook on international business strategy is estimating readers' knowledge of the domain. Should the author assume that the student already comprehends such subjects as international economics, international trade, and international finance? Or should the book deal extensively with these subjects before tackling management issues? After over fif…