[PDF] political environment in international business ppt

How did politics affect the role of emerging markets in global value chains?

Politics, exchange controls and trade restrictions curbed the role of emerging markets in global value chains. The MNEs that remained needed to build political contacts with local governments, and attempt to strengthen their local identities, especially by localizing their managements.

How have political risks changed in the global economy?

In the contemporary global economy, political risks partially declined with the spread of liberalization and the abandonment of anti-foreign restrictions. However corporate strategies needed to carefully manage relations with governments.

What is the long-run perspective on international business in emerging markets?

This working paper provides a long-run perspective on international business in emerging markets. It focuses on the role of Western MNEs, and examines their strategies and the management challenges they faced. It should be stressed from the outset that this working paper has to operate at a high level of abstraction.

Are there long-run patterns in international business strategies in developing countries?

This working paper explores long-run patterns in the strategies of international business in developing countries. There was a massive wave of Western multinational investment in the developing world during the first wave of globalization before the 1920s.