Advantages and Risks of Financial Globalization
Number of pages:
25
ABSTRACT:
A 25 page paper discussing issues of trade, science and technology, environmental concerns and welfare in terms of financial risks inherent in participating in the globalization of business. There is risk in any business venture, and that element of risk can be greatly magnified by going into a foreign country as a site of operation. The 'word' of the 1990s has been that in order to grow, it is necessary to operate or at least sell product outside national home boundaries, but some corporate entities have found that not to be the case. The key is to fully and objectively assess the element of risk that does exist, and determine whether the organization is willing to accept that risk that is in existence now and that which could occur in the future. The paper uses as examples vignettes from China, Costa Rica, India, Korea, Japan, Thailand, Singapore and the US in discussing risks and economic sustainability. Bibliography lists 19 sources.
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File: CC6_KSglFin.doc
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