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International Business Article Report, Article Review Example
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Article Title: Conflict, Security and political risk: International Business in challenging times
Source: Journal of International Business Studies.
Brief Synopsis of the Article: the article is dedicated to the theoretical and empirical research review of the connections that exist between international trade, economic relations of countries and the measure of political conflict existing between them. The authors comment on liberal studies stating that countries become interdependent in case they are engaged in economic relations, and pursue policies of non-escalating international conflicts for the sake of international business issues. In addition, the authors note that in the modern period of time countries try to create strategies that would help them get out of control of international business, which is evident from connections between interstate military and trade alliances. The main thought of the article is the strategic importance of international economic relations and their impact on the national security and foreign policy of states.
| Relevant International Business Concepts and/or Issues | Check Relevant Categories | Talking Points |
| Cross-Cultural | ||
| Political Systems | ||
| Legal Systems | ||
| Economic Systems | The economic system of any country is directly connected with its political course and is strategically reflected in the international trade relations of each nation. | |
| Trade Theories | X | The political conflict and terrorism jeopardize international trade and hinder the possibilities for economic exchange. Economic relations directly depend on the level of conflict in the country and between the countries, influencing the level of investment and volume of trade. |
| Government Policies | X | Governments try to reduce the impact of international conflict and terrorism on the international trade. Because conflict can disrupt international business, states lobby peaceful strategies of economic integration to avoid escalation of conflict; the mutual dependence of states in case of their |
| Regional Economic Integration | ||
| Foreign Direct Investment | ||
| Foreign Exchange | ||
| Diplomacy | Diplomatic relations between countries are directly formed by the existing economic relations, the status of international trade they have between them. Trade alliances often coincide with military alliances countries form to ensure their national security. | |
| Negotiations | ||
| Collaborative Strategies | International business and trade alliances are seen by the governments as a way to secure their national and international position through collaborative trading and commerce strategies | |
| Control Strategies | ||
| Marketing Strategies & Tactics | ||
| Export/Import Strategies | ||
| Global Logistics/Supply Chain | ||
| Accounting | ||
| Finance | ||
| HR | ||
| Other |
Works Cited
Henisz, W.J. et al. ‘Conflict, security, and political risk: International business in challenging times’. Journal of International Business Studies (2010) 41, 759–764.
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