Keywords: post-transformation economies, US experience, mortgage financial crisis, risk management, globalisation, international management education, Central and Eastern Europe, CEE countries, USA, United States, business failure
International management and risk assessment
This article presents the US experience from periodical business failures and collapses of the financial markets. It could be a lesson for the Central and Eastern European countries on their economies during the post-transition era. International management is one of the strongest aspects of major US corporations, and risk management is their day-to-day concern. It emphasises the importance of risk management and needs for the international management education.