In 'The promise and peril of Russia's resurgent state' (HBR, 2010), Abdelal argues that the biggest threat to business is the Kremlin's renewed appetite for centralization vis--vis the market economy. Given the ongoing conflict between Russia and Ukraine, critically assess the risks and costs confronted by MNCs and options for hedging them in the Russian market.

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Risks and Costs Confronted by MNCs in the Russian Market 1 Political and Geopolitical Risks Ongoing geopolitical tensions such as those between Russia ... View the full answer