The fat tail: the power of political knowledge for strategic investing

Book Cover
Average Rating
Publisher:
Oxford University Press,
Pub. Date:
2009.
Language:
English
Description
In recent years, investors have learned the hard truth that in the international economy, politics often matters at least as much as economic fundamentals for the performance of global markets. Too many companies and investors haven't yet learned to read the warning signs: their expertise lies much more in economics than politics, and the temptation is to hope that highly volatile situations such as the 2008 Georgia-Russia confrontation will be few and far between. But as Ian Bremmer and Preston Keat demonstrate, these scenarios--and their catastrophic effects on business--happen much more frequently than we imagine. On the curve that charts both the frequency of these events and the power of their impact, the 'tail' of extreme political instability is not reassuringly thin but dangerously fat. This groundbreaking book is the first to both identify the wide range of political risks that global firms face and show investors how to effectively manage them. Written by two of the world's leading figures in political risk management, it reveals that while the world remains exceedingly risky for businesses, it is by no means incomprehensible. Political risk is unpredictable, but it is easier to analyze and manage than most people think. Applying the lessons of world history, Bremmer and Keat survey a vast range of contemporary risky situations, from stable markets like the United States or Japan, where politically driven regulation can still dramatically effect business, to more precarious places like Iran, China, Russia, Turkey, Mexico, and Nigeria, where private property is less secure and energy politics sparks constant volatility. The book sheds light on a wide array of political risks--risks that stem from great power rivalries, terrorist groups, government takeover of private property, weak leaders and internal strife, and even the "black swans" that defy prediction. But more importantly, the authors provide a wealth of unique methods, tools, and concepts to help corporations, money managers, and policy makers understand political risk, showing when and how political risk analysis works--and when it does not. Authored by Ian Bremmer (author of the bestselling The J-Curve) and Preston Keat, the president and research director (respectively) of Eurasia Group, the world's leading political risk consultancy firm, The Fat Tail is an indispensable guide for anyone involved in the international economy.
Also in This Series
More Like This
More Details
Contributors:
ISBN:
9780195328554
Reviews from GoodReads
Loading GoodReads Reviews.
Staff View

Grouping Information

Grouped Work ID77b6abb6-0557-8468-b9ea-f443f3156357
Grouping Titlefat tail the power of political knowledge for strategic investing
Grouping Authorbremmer ian
Grouping Categorybook
Last Grouping Update2020-01-04 01:21:46AM
Last Indexed2020-01-20 03:41:25AM

Solr Details

accelerated_reader_point_value0
accelerated_reader_reading_level0
auth_author2Keat, Preston.
authorBremmer, Ian, 1969-
author2-roleKeat, Preston.
author_displayBremmer, Ian
available_at_englewoodEnglewood Public Library
detailed_location_englewoodEPL Non-Fiction
display_description
format_category_englewoodBooks
format_englewoodBook
id77b6abb6-0557-8468-b9ea-f443f3156357
isbn9780195328554
item_details
Bib IdItem IdShelf LocCall NumFormatFormat CategoryNum CopiesIs Order ItemIs eContenteContent SourceeContent FileeContent URLsubformatDetailed StatusLast CheckinLocationSub-location
ils:.b28605974.i74790638EPL Non-Fiction332.6 BREMMER, IAN1falsefalseOn Shelfepnf
itype_englewoodAdult book
last_indexed2020-01-20T10:41:25.442Z
lexile_score-1
literary_formNon Fiction
literary_form_fullNon Fiction
local_callnumber_englewood332.6 BREMMER, IAN
owning_library_englewoodEnglewood Public Library
owning_location_englewoodEnglewood Public Library
primary_isbn9780195328554
publishDate2009
record_details
Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical Description
ils:.b28605974BookBooksEnglishOxford University Press, 2009.ix, 254 pages : illustrations ; 25 cm.
recordtypegrouped_work
scoping_details_englewood
Bib IdItem IdGrouped StatusStatusLocally OwnedAvailableHoldableBookableIn Library Use OnlyLibrary OwnedHoldable PTypesBookable PTypesLocal Url
ils:.b28605974.i74790638On ShelfOn Shelffalsetruetruefalsefalsetrue48, 49, 50, 46, 47
subject_facetCountry risk -- Management
Investments -- Political aspects
Political stability -- Evaluation
Risk management -- Political aspects
title_displayThe fat tail : the power of political knowledge for strategic investing
title_fullThe fat tail : the power of political knowledge for strategic investing / Ian Bremmer and Preston Keat
title_shortThe fat tail
title_subthe power of political knowledge for strategic investing
topic_facetCountry risk
Evaluation
Investments
Management
Political aspects
Political stability
Risk management