Risk analysts try to reduce the danger of investing overseas
Doing business abroad can be an invitation to agony. From the uncertain politics of such advanced countries as France and Canada, to the nationalizations and revolutions that have convulsed Iran and Nicaragua, a lack of sensitivity to local conditions can exact a high penalty from the unprepared businessman.
As worldwide economic and political conditions continue to churn, more and more corporate managers are turning to political risk analysts for advice. Large oil companies and banks have always had in-house analysts to weigh the stability of nations and regions. But a survey last...