TITLE

Survey reveals major risks involved in trading with emergent markets

PUB. DATE
July 2005
SOURCE
Credit Control;2005, Vol. 26 Issue 7, p43
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on a survey of multinational companies commissioned by credit insurer Atradius, about major risks involved in trading with emergent markets. It was believed by two thirds of the respondents that investment in emerging markets is likely to continue to grow, with three quarters claiming to be actively investing in Central and Eastern Europe. Wilfred Verstrate, Chief Executive Officer of Atradius said that when dealing with different markets, cultures and operating practices, it pays to develop an understanding of the companies and people one will be working with. He said that one can better prepare for and manage the risk, when one knows what to expect. It was found in the survey that those doing business in Central and Eastern Europe are most worried about corruption, whereas companies operating in China are most concerned about intellectual property management.
ACCESSION #
19317551

 

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