Almost any event can increase a trader, investor, or lender's cross-border risk. An unexpected resignation, a terrorist act, or a currency collapse can completely transform the political and economic landscape of a country, a region, or the world.

Since the advent of globalization, politics and economics have been forever entwined, sometimes resulting in calamitous outcomes. One of the disadvantages of globalization and instant communications is that the impact of such change is felt instantaneously. Today, there is less time to react before someone else does; we may be sleeping while others are reacting. Perhaps the impact of localized economic and political events would not be so dramatic if the international marketplace were not so interconnected - if currency and stock trading did not occur and information was not broadcast 24 hours per day.

This audiobook is all about how to identify and manage the plethora of risks associated with conducting business abroad - and how to think outside the box to be able to anticipate the impact of change on business operations. Effective country risk management is all about combining the right information with the right tools, instincts, and response to identify, avoid, and manage cross-border risks.

Daniel Wagner shares with you the things he has learned over a quarter century of analyzing and managing country risk for some of the world's best known corporations and international organizations. By listening to this audiobook, you will come to know more about country risk management than virtually all of your peers. You will also be able to add value to the risk management processes in your organization, even if you are not formally part of a risk management unit. If doing so helps your organization become smarter about how it does business abroad and enhances its ability to make profit, all the better, because in the process, it will be contributing to development, job creation and improving the lives of people around the world.