Risk Rules: How Local Politics Threaten the Global Economy

by Marvin Zonis, Dan Lefkovitz, Sam Wilkin, Joseph Yackley

Overview

Four political analysts explore the importance of local issues to global business and politics in this fully updated edition of The Kimchi Matters.

Today’s focus on globalization has obscured the fact that political stability and economic growth are determined at the local level. Investors and foreign policymakers set themselves up for failure when they don’t consider the unique local dynamics of a particular country or region. This is equally true for companies venturing abroad and for politicians facing geopolitical challenges.

In their 2003 book The Kimchi Matters, the authors demonstrated how globalization made it more important than ever to understand the political economies of distant countries. Now they have returned to that acclaimed work with updated accounts of situations around the world—including in Russia, India, China, Argentina, and Brazil—and refine the principles they laid out in the first edition.

Product Details

ISBN-13:	9781572846784
Publisher:	Agate
Publication date:	08/18/2021
Sold by:	Barnes & Noble
Format:	eBook
Pages:	386
File size:	904 KB

About the Author

Marvin Zonis, professor emeritus of international political economy at the Booth Graduate School of Business at the University of Chicago, is also the author of The Eastern European Opportunity and Majestic Failure: The Fall of the Shah.

Table of Contents

Preface to Risk Rules vii

Preface to The Kimchi Matters ix

Risk Rules: An Introduction xix

Part I Discontent

Chapter 1 "We Practically Own Everything…": Corruption 3

Chapter 2 The Cake: Ethnic Conflict 17

Chapter 3 Down with Mubarak: Social Change 33

Chapter 4 "They Transform Themselves into Tigers": The J-Curve

Part 2 Managing Discontent

Chapter 5 Toppling Punto Fijo: Opposition 57

Chapter 6 Tony Blair's Gay Gangsters: Channels for Discontent 77

Chapter 7 The World's Most Powerful Man: State Power 95

Part 3 Leadership

Chapter 8 Good Leaders and Bad: Quality of Leadership 109

Chapter 9 After Tito-Tito: Succession Threat 119

Chapter 10 Fujishock: The Ruling Bargain 137

Part 4 Policy

Chapter 11 Clockwork Crises: The Instability Trap 161

Chapter 12 Powers Behind the Throne: Entrenched Interests 173

Chapter 13 The Visible Hand: Government Intervention 197

Chapter 14 "When England Sneezes…": External Shocks 215

Chapter 15 Economic Potential Energy: Institutions 243

Conclusion-"Eating Big Macs Doesn't Make it McChina" 269

Notes 297

Index 339