International Business in the Fragmentation and Transformation of the Global Economy
International Business in the Fragmentation and Transformation of the Global Economy

Author(s): Iliyan Sarandaliev
Subject(s): Politics / Political Sciences, Politics, Economy, Supranational / Global Economy, Business Economy / Management, International relations/trade
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: international business; multinational companies; business risk; political risk
Summary/Abstract: Multinational companies, which plan to continue their work in confronting countries, should adapt their activities in order to meet the requirements of the various markets in which they operate. The process of fragmentation and transformation of the global international relations sharply increases the political risk, which is substantial part of the overall risk structure of the multinational companies. The purpose of this research is to derive an up-to-date definition and manifestation of political risks as a major risk affecting the activities of the multinational companies in contemporary conditions. The methodology of the research is a desk research and analysis of the existing papers, related on political risks for the recent years. The conclusions include summary of the main reasons increasing the political risks for the multinational companies, as well as the main forms of influence and appearance.

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