Frontiers of Fortune : Predicting Capital Prospects and Casualties in the Markets of the Future

by Story, Jonathan

• ISBN13: 9780273631668
• ISBN10: 0273631667
• Edition: 1st
• Format: Hardcover
• Copyright: 1999-12-01
• Publisher: FINANCIAL TIMES/PRENTICE HALL

Summary

Analyzes the transformation of the world economy and offers a unique insight into the future development of world markets. Examines the key business and political drivers of growth, and will help you make informed assessments of investment opportunities and manage the political and business risks.

Author Biography

Professor Jonathan Story is a leading expert on world markets, and Professor of International Political Economy at Insead.

Table of Contents

List of tables and figures	viii
List of abbreviations	ix
Foreword	x
Preface	xv
The Great Transformation of 1989-1992	1	(20)
The first half of the century	1	(5)
The second half of the century	6	(2)
The world economy in the Cold War	8	(6)
Still a US-dominated world	14	(5)
Conclusion	19	(1)
Notes	19	(2)
The Clash of Expectations	21	(22)
The pre-1914 analogy	22	(9)
A critique	31	(6)
Contrasts	37	(1)
Conclusion	38	(2)
Notes	40	(3)
The Market Unbound	43	(24)
Fifty years on	43	(4)
The arrival of the world labour market	47	(5)
Corporations go global	52	(7)
The world financial markets	59	(4)
Conclusion	63	(2)
Notes	65	(2)
States, Business and Markets	67	(28)
The state and public policy	67	(5)
The state as policy process	72	(6)
Public policies, financial systems and the adjustment process	78	(11)
Contrast and conclusion	89	(3)
Notes	92	(3)
Transitions and the Drivers of Change	95	(28)
The Zeitgeist of the century's end	95	(2)
Why the trend to market democracy?	97	(7)
An analytical framework for business in world markets	104	(14)
Concluding remarks	118	(2)
Notes	120	(3)
Memories of Different Futures	123	(26)
Thinking about the future	123	(5)
Driving forces, predetermined elements and critical uncertainties	128	(6)
Assumptions about different scenarios	134	(12)
Conclusion	146	(1)
Notes	147	(2)
Corporate Transformation and Political Transition	149	(28)
Corporate strategies and structures	149	(7)
National corporate regimes and corporate strategies	156	(6)
Political transitions and corporate transformations	162	(11)
Conclusions	173	(2)
Notes	175	(2)
Crafting Corporate Strategies to Local Conditions	177	(28)
Which activities for a particular location?	177	(5)
Screening political geographies for market options	182	(6)
Comparing different business conditions in distinct territories	188	(9)
Structuring corporate strategies to maximize our presence in a host country	197	(4)
Conclusion	201	(2)
Notes	203	(2)
A Short Narrative of the Twenty-First Century	205	(28)
How has this all come about?	206	(5)
A global assessment for the coming decades	211	(20)
Postscript	231	(1)
Notes	231	(2)
Index	233