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Emerging Markets Rule: Growth Strategies of the New Global Giants
book

Emerging Markets Rule: Growth Strategies of the New Global Giants

by Mauro Guillen, Esteban Garcia-Canal
November 2012
Intermediate to advanced
240 pages
4h 53m
English
McGraw-Hill
Content preview from Emerging Markets Rule: Growth Strategies of the New Global Giants

AXIOM 4Embrace Chaos

Learn and profit from adverse institutional environments.

If you have something at risk, you think differently.

HENRY KRAVIS

Chaos is a friend of mine.

BOB DYLAN

ONCE UPON A TIME, WAY BACK IN THE TWENTIETH CENtury, there were safe markets and there were risky ones. Safe markets offered predictability, minimal government interference, and a good infrastructure for doing business. Risky markets were mostly in the developing world, where governments often made capricious decisions, placed myriad obstacles for entrepreneurs, and lacked the minimal legal, financial, transportation, and telecommunications infrastructure for firms to operate.

Welcome to the twenty-first century. In multiple arenas of the global economy, the line ...

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Publisher Resources

ISBN: 9780071798112