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This book is about risk conceptions, experiences and reflections. It applies the concept of the risk triangle, with its societal, organisational and personal angles, to two areas of inquiry: financial markets and the military, seeking to demonstrate the challenges, dilemmas and, in many ways, also the impossibilities of risk analysis and risk management. Drawing on empirical and micro- and macro-level analysis, this innovative work will appeal to students of political science, economics and business as well as to risk professionals and risk-takers.
Leading scholars examine the links between domestic politics, defense spending and the economics of the US defense industry.
DIVAnalyzes imperial ambitions in the context of the dominance of finance, not simply as a form of capital, but also as a set of protocols for organzing daily life./div
cancer n. any malignant tumor . . . Metastasis may occur via the bloodstream or the lymphatic channels or across body cavities . . . setting up secondary tumors . . . Each individual primary tumor has its own pattern . . . There are probably many causative factors . . . Treatment. . . depends on the type of tumor, the site of the primary tumor and the extent of the spread. (Oxford Concise Medical Dictionary 1996, 97) Let us begin by stating the obvious. Acts of organized violence are not necessarily of human nature, but they are endogenous events arising within the an intrinsic part evolution of complex systems of social interaction. To be sure, all wars have features in common - people are killed and property is destroyed - but in their origin wars are likely to be at least as different as the social structures from which they arise. Consequently, it is unlikely that there can be a simple theory of the causes of war or the maintenance of peace. The fact that wars are historical events need not discourage us. On the contrary, we should focus our understanding of the dimensions of each conflict, or classes of conflict, on the conjuncture of causes at hand. It follows that the study of conflict must be an interdisciplinary one. It is or a penchant for eclecticism that leads to that conclusion, but the not humility multi-dimensionality of war itself.
A contemporary and comprehensive analysis of national and supranational defence governance in an uncertain and increasingly dangerous world. This book will appeal to policymakers, analysts, graduate students and academics interested in defence economics, political economy, public economics and public policy.
Armies fight battles, states fight wars. To focus solely on armies is to neglect the broader story of victory and defeat. Military power stems from an economic base, and without wealth, soldiers cannot be paid, weapons cannot be procured, and food cannot be bought. War finance is among the most consequential decisions any state makes: how a state finances a war affects not only its success on the battlefield but also its economic stability and its leadership tenure. In How States Pay for Wars, Rosella Cappella Zielinski clarifies several critical dynamics lying at the nexus of financial and military policy.Cappella Zielinski has built a custom database on war funding over the past two centuries, and she combines those data with qualitative analyses of Truman's financing of the Korean War, Johnson’s financing of the Vietnam War, British financing of World War II and the Crimean War, and Russian and Japanese financing of the Russo-Japanese War. She argues that leaders who attempt to maximize their power at home, and state power abroad, are in a constant balancing act as they try to win wars while remaining in office. As a result of political risks, they prefer war finance policies that meet the needs of the war effort within the constraints of the capacity of the state.
This package introduces college students to the kind of analysis that multinational corporations undertake to assess risks to their business operations due to political and economic conditions. Designed to be completed in 3 weeks, the four exercises enable students to (1) identify the major sources of political risk; (2) determine what social, economic, political, and geographical background factors need to be considered in conducting a political risk analysis; (3) forecast the likelihood of a change in regime, occurrence of political turmoil, or restrictions on international business; and (4) calculate risk ratings that can be used to compare the relative risks in different countries. The methods presented are those developed by the authors for Frost and Sullivan's "World Political Risk Forecast," which uses country studies produced by experts. An annotated bibliography and sample country study on Egypt (1983) from Frost and Sullivan's service are included in the appendices, which comprise over half the document. In addition, students are provided with Prince charts (a system for making political forecasts and devising strategies), decision structure charts, a description of risk ratings for three business sectors, a summary of an 18-month forecast, and a worksheet for calculations. (LH)
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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.
Globalization, suggest the authors of this collection, is creating new opportunities - some legal, some illicit - for armed factions to pursue their agendas in civil war. Within this context, they analyze the key dynamics of war economies and the challenges posed for conflict resolution and sustainable peace. Thematic chapters consider key issues in the political economy of internal wars, as well as how differing types of resource dependency influence the scope, character, and duration of conflicts. Case studies of Burma, Colombia, Kosovo, Papua New Guinea, and Sri Lanka illustrate a range of ways in which belligerents make use of global markets and the transnational flow of resources. An underlying theme is the opportunities available to the international community to alter the economic incentive structure that inadvertently supports armed conflict.