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Jonathan Story

Emeritus Professor of International Political Economy


Jonathan Story is an Emeritus Professor of International Political Economy and the Shell Fellow in Economic Transformation, Emeritus at INSEAD. He held the Marusi Chair of Business at the Lally School, Rensselaer Polytechnic Institute, and was a Distinguished Visiting Professor at the Fordham School of Business. He chaired the AXA Foundation Search Committee for Country Risk: Early Warning. Prior to joining INSEAD in 1974, he worked in Brussels and Washington and obtained his PhD at the Johns Hopkins School of Advanced International Studies. He maintains his blog on politics, markets, and business, and has recently written on global energy futures, European Union, and global politics and markets.

Professor Story is the author of several books including China UnCovered: What you need to know to do business in China (FT/ Pearson’s, 2010), China: The Race to Market (FT/Pearsons, 2003), The Frontiers of Fortune (Pitman’s, 1999). His book The Political Economy of Financial Integration in Europe: The Battle of the Systems (MIT Press, 1998), co-authored with Ingo Walter of the New York University, focuses on monetary union and financial markets in the European Union. The main theme linking this work was the analysis of dynamic change in Europe, the world, and China, and what were the implications for international business. His books have been translated into French, Italian, German, Spanish, Chinese, Korean, and Arabic languages. He is a co-author of the Oxford Handbook on Business and Government (2010) and has contributed numerous chapters in books and articles in professional journals. He is a regular contributor to newspapers and has been a four-time winner of the Best Case of the Year Award of the European Case Clearing House. His latest cases detail hotel investments in Egypt and Argentina, as well as a women’s garment manufacturer in Sri Lanka and a Chinese auto parts producer.

At INSEAD, Professor Story has taught European and world politics, markets, and business in the MBA and PhD programmes. For three decades, he has taught in the Advanced Management Programme as well as in other open enrolment and customised Executive Education programmes. Jonathan Story works with governments, international organisations, and multinational corporations. He is a Doctor Honoris Causa, IEDC, Slovenia.

He is married with four children, and now, eleven grandchildren. Besides English, he is fluent in French, German, Spanish, Italian, and reads Portuguese. His hobby is singing.

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Economics & Finance

The Return of Realpolitik and the Rise of Populism

The imminent departure of Chancellor Merkel concludes a dystopian era for the European Union.

Economics & Finance

The Best-Case Scenario for Avoiding Brexit

The Brexit referendum could be a knockout victory for Cameron and Whitehall, if they adopted this simple solution.

Economics & Finance

The Double-Edged Sword of Globalisation

Seven long-term trends underscore both the hope and the threat that globalisation has brought to our world.

Economics & Finance

The Euro Is in Deep Trouble

Last-minute agreements may have prevented a “Grexit”—for the moment—but the Eurozone’s troubles are only likely to worsen.

Economics & Finance

A Stand-off in Euroland: Athens on a Knife-Edge

The future of the Eurozone has been thrust into uncertainty as Berlin and Athens descend further into mutual resentment.

Economics & Finance

The Ukrainian Crisis: The Finland Option

During the Cold War, both Russia and the West agreed to keep Finland out of the fight. Ukraine should be granted the same neutrality.