Risk Rules by Marvin Zonis
How Local Politics Threaten the Global Economy

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Risk Rules is a comprehensive updating of the authors' critically praised The Kimchi Matters (Agate B2, 2005). The authors, a group of present and former University of Chicago political risk experts, return discussion of globalization and international relations to first principles. Globalization hype has obscured a few basic truths--that political stability and economic growth are usually determined on the local level, and that they're most affected by local institutions, leadership, corruption, and other such factors. Risk Rules shows that globalization (and events like the wars in Afghanistan and Iraq, and the September 11 attacks) makes understanding the political economies of distant countries more important than ever.

Time and again, investors and foreign policymakers have been hurt because they haven't understood the unique local dynamics at work in a particular country or region. This truth holds for companies venturing abroad and for policymakers contemplating foreign challenges, and no less for small investors, voters, and others whose lives and finances are increasingly affected by distant world events. Risk Rules lays out an intuitive framework for making sense of international economic and political developments, whether negative (why markets in Argentina collapsed; why Russia stumbled, then rebounded, then stumbled again; why U.S. allies

About Marvin Zonis

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Marvin Zonis is professor emeritus of international political economy at the University of Chicago Graduate School of Busines. He also works as a consultant to businesses and governments, has testified before committees of the U.S. Congress, and appeared on numerous network television programs. His books include The Eastern European Opportunity and Majestic Failure: The Fall of the Shah.
Published April 1, 2011 by Agate B2. 386 pages
Genres: Business & Economics, Political & Social Sciences, Professional & Technical. Non-fiction

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