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Global Praise for the Kimchi Matters
From Mark Mobius, CEO, Franklin Templeton Emerging Markets Fund:
“Excellent and highly readable...outstanding analysis...The authors exhibit a strong knowledge of what goes on behind the scenes in emerging market countries all over the world.”
From The Harvard Business Review, United States:
“Executives already know they need to watch local political dynamics when investing in developing countries, but here's a powerful exposition of what to look for...this may be the first book for businesspeople that presents the case with such clarity and insight.”
From The Banker, United Kingdom:
“The focus is on laying out a framework for understanding and forecasting local political dynamics which, in this era of globalization, increasingly drive global markets and local economies.”
From Daniel Yergin, Pulitzer Prize-winning author of The Prize:
"Essential insight for success internationally.”
From Trends Magazine, Belgium:
“A unique combination of pleasant and highly informative reading...the authors' analysis of political stability mixes humor, drama, and an eye for ironic detail...This book is an absolute must-read.”
From Lawrence A. Weinbach, chairman, president, and CEO, Unisys Corporation:
“Offers fifteen very useful principles of how countries work, so you can invest in a country with your eyes wide open.”
From Joongang Daily, South Korea:
“Through this book, corporate managers and investors can develop a good sense of what they are getting into in their...investments in foreign stocks and real estate...will likely have considerable mass appeal.”
From Booklist, United States:
“Understanding kimchi is essential to the success of both international business and foreign policy in an age of globalization...this message couldn't come at a more critical time.”
From Publisher's Weekly, United States:
“While powerful corporations may be able to plant their flags around the world, they still need to deal with the locals...In order to 'do globalization better,' business leaders need to recognize the importance of local political dynamics.”
From Chicago Magazine, United States:
“To illustrate how local obstacles can sideswipe international Goliaths, the authors offer Bill Gates’s initial foray into the Korean market...Investors and policy makers can avoid such missteps, the authors argue, by asking not only whether a country is stable but also how its stability is produced.”
From Gen. Wesley Clark (Ret.), Former Supreme Allied Commander, Europe:
“The best account yet of the difficulties facing conventional approaches to economic development...the authors offer fascinating insights into the local factors that make business and governments succeed and fail.”
From Michigan Today, United States:
“The seemingly inexplicable rise and fall of nations, their booms and busts, periods of stability and chaos, so poorly reported by our news media, become less puzzling when viewed through the focused lens of the authors.”
From Ted Koppel, anchor, Nightline, ABC News:
“A clear and cogent argument for understanding local political dynamics...a 'must-read'.”
From Business Insurance, United States:
“This is more than political risk or currency inconvertibility -- it's the risk of being burned because you don't understand the unique characteristics and dynamics that determine how a country or society really works.”
From the Boston Phoenix, United States:
“Wise and wide-ranging.”
From Choice Magazine, United States:
“Kimchi is a very spicy preserved cabbage dish popular in Korea. In this book it represents the importance of distinctly local factors, especially local politics and policies, in global business...[The authors] achieve their goal of making their points clear, memorable, and interesting.”
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The Kimchi Matters is a new book from Agate. The book, website and excerpts are ©2003, 2004 Marvin Zonis, Dan Lefkovitz and Sam Wilkin. All rights reserved.