Multinational Risk Assessment and Management: Strategies for Investment and Marketing Decisions

An inclusive treatment of political risk assessment aimed at a readership consisting of students of international business and executives of multinational firms concerned with this issue. Ting examines the sociopolitical foundations of the issue, approaches to political risk assessment found in the literature, micro-risk assessment associated with individual projects, forms of business macro-policy and exchange rates. The author also considers host-country investments, applications of risk-rating systems, and integration of political risk assessment into a risk-return calculus. Extremely clear, the book is more usable than earlier volumes. Choice Ting argues that a preoccupation with catastrophic and revolutionary changes, such as those that occurred in Iran and Nicaragua, has skewed models of risk analysis away from the most significant and likely forms of political risk--legal, regulatory, and technocratic changes in the host country--toward the much rarer dramatic and cataclysmic event. He proposes instead a model based on a micro or project-specific analysis and demonstrates how to integrate this analysis and the information it generates into actual international planning and operational decisions abroad.

Table of Contents:
Part I: Existing Approaches to Political Risk Assessment Part II: Host-Country Dynamics: Policy, Technological, and Financial Risks Part III: Entry-Management Systems and Market-Entry Strategies Part IV: International Investment-Risk Analysis Part V: Corporate-Risk Assessment Part VI: Risk-Rating and Forecasting Services Part VII: Defensive Risk Management Part VIII: Prospects for Risk Assessment and Management: An Integrative Approach

About the Author :
WENLEE TING is a member of the faculty of the American Graduate School of International Management in Glendale, Arizona.

Review :
?An inclusive treatment of political risk assessment aimed at a readership consisting of students of international business and executives of multinational firms concerned with this issue. Ting examines the sociopolitical foundations of the issue, approaches to political risk assessment found in the literature, micro-risk assessment associated with individual projects, forms of business involvement in national political systems, and economic uinkages through macro-policy and exchange rates. The author also considers host-country dynamics, market-entry problems, risks associated with international investments, applications of risk-rating systems, and integration of political risk assessment into a risk-return calculus. Extremely clear, the book is more usable than such earlier volumes as Stephen J. Kobrin's Managing Political Risk Assessment (1982).?-Choice "An inclusive treatment of political risk assessment aimed at a readership consisting of students of international business and executives of multinational firms concerned with this issue. Ting examines the sociopolitical foundations of the issue, approaches to political risk assessment found in the literature, micro-risk assessment associated with individual projects, forms of business involvement in national political systems, and economic uinkages through macro-policy and exchange rates. The author also considers host-country dynamics, market-entry problems, risks associated with international investments, applications of risk-rating systems, and integration of political risk assessment into a risk-return calculus. Extremely clear, the book is more usable than such earlier volumes as Stephen J. Kobrin's Managing Political Risk Assessment (1982)."-Choice