GREAT PROFITS MAY BE WON IN FAILED AND FRAGILE STATES – BUT THE RISKS ARE HIGH
March 1st, 2017
THE ANCIENT Celts has a saying: “To the brave belong all things.” And in business, this remains true. Companies prepared to take big risks, can reap big spoils. But they can also stumble into disaster. Such calculations are always made when foreign companies consider trading or investing in so-called ‘failed states’ or those at risk of failure.
Essentially such countries are unpredictable as business jurisdictions. They maybe countries mired in conflict, be it the war in Syria or Yemen, or unstable, as in Iraq and Afghanistan, and where the state is very ...
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