In this collection Witold Henisz provides readers with a set of tools for assessing the extent of political and regulatory risk faced by investment projects in a given country. Political risk is measured directly by examining the structure of a nation's political institutions and the preferences of the actors that inhabit them. The author also provides a critical analysis of the effectiveness of one common political risk mitigation strategy, partnering with a local firm. Democratic Russia, stable Zaire (until recently) and the low perceived risk of Indonesia in 1995, and their subsequent...