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Managing International Risk - Essays Commissioned in Honor of the Centenary of the Wharton School, University of Pennsylvania (Paperback, Revised)
Loot Price: R963
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Managing International Risk - Essays Commissioned in Honor of the Centenary of the Wharton School, University of Pennsylvania (Paperback, Revised)
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The point of departure for this book is the fundamental assertion
that managers of international enterprises must cope not only with
the hazards that jeopardize the success of ordinary domestic
transactions but also with additional perils that are uniquely
international. Two of the most important of these are the risk of a
breakdown in the rules and practices that govern international
trade and investment flows, and country risk - the risk that a
sovereign power will interfere with the repatriation of profits,
interest payments, principal repayments, or the control of foreign
assets. The issues addressed include the prospects for foreign
exchange crises, trade wars, international banking crises, and oil
shortages; the factors that generate economic, political, and
social risk; organizational strategies for mitigating country risk;
and the scope for insuring against international risks. The
contributors include academic experts from the fields of economics
and finance and distinguished practitioners from international
corporations, financial institutions, and international agencies.
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