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Businesses and International Turbulences

The article titled “L’entreprise face aux turbulences internationales” by Jeremy Ghez, published on Le Grand Continent, discusses the challenges faced by businesses in the current international climate. 

 

The article begins by discussing how economic gain was once the primary matrix for evaluating the strategic strengths and weaknesses of the private sector on the international stage. However, this is no longer sufficient due to new geopolitical rivalries. Businesses must rethink their models, practices, activities, and even their geography to overcome these challenges.

The misunderstandings between major powers, especially the United States and China, did not compromise the stability of their relations as each party felt they were benefiting from globalization. However, these misunderstandings have now transformed into deep divisions that could become irreconcilable in the long run.

The risk of economic fragmentation, as highlighted by the International Monetary Fund (IMF), could lead to a breakdown in strategic dialogue between major powers and compromise their ability to find solutions to international issues such as climate change and the regulation of artificial intelligence.

The logic of sovereignty and autonomy is replacing that of economic interdependence and market integration. This is evident in the ongoing chaotic and uncontrolled divorce between China and the United States.

These international divisions also reveal deep divergences in terms of worldviews and thus fuel political polarization at the domestic level.

The business world has long believed itself to be immune to these political and global turbulences. However, the article suggests that this is no longer the case.

Credits

This post was generated using Bing Copilot (Microsoft, 2024). Accessed on February 13, 2024: https://www.bing.com/.

 

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