Political Risk: A Review and Reconsideration (Classic Reprint) - Hardcover

Stephen Jay Kobrin

9780365489573: Political Risk: A Review and Reconsideration (Classic Reprint)

Hardcover

ISBN 10: 0365489573 ISBN 13: 9780365489573

Publisher: Forgotten Books, 2018

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Explore how political events shape foreign investment and business risk.

This scholarly survey reviews the evolving idea of political risk, its definitions, and how researchers study its effects on global markets. It highlights key theories, debates, and the practical questions about how governments, policies, and instability influence profitability and decision making.

The book surveys a wide range of perspectives, from simple views of government interference to nuanced models that separate macro and micro risks, uncertainty, and industry or firm level effects. It discusses how researchers measure political risk, the role of data quality, and where empirical results remain tentative. The goal is to map what is known, identify gaps, and suggest directions for future research.

Clear definitions and competing theories of political risk in international business
How empirical studies link political events to foreign direct investment and profitability
Different approaches to measuring risk, uncertainty, and their impact on firms
Suggestions for future research and case-study approaches to deepen understanding

Ideal for readers of international business policy, risk management, and economic development who want a concise, research-grounded overview.

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