Despite the fact that most developing countries are now generally welcome multinational companies, political risk is still of great interest to international business. In fact, multinational companies today are likely to face a much wider range of risks than the nationalization wave of the 1960s and 1970s. To substantiate this claim, the theoretical framework presented here, which set out the main cause-and-effect relationships in the political situation of risk. He explained why a marked change of attitude in the world of developing and transition economies, not necessarily equal to a general decline in political risk. To illustrate the structure and complexity of the phenomenon of political risk, a number of recent examples of the case presented to the international bauxite and aluminum industries whose broad value chain, international attention, with global significance, and natural exposure to risk making it very suitable for the analysis. Conceptual discussion and empirical examples presented in this paper show that the political risk is, of course, is a complex, multidimensional phenomenon. This feature creates serious problems for the global business community, especially in terms of accurate assessment of the risks. "Hide
by Joe Jacobsen Source: Business Horizons 10 pages. Publication Date: September 15, 2010. Prod. #: BH403-PDF-ENG
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