Business and Policy Challenges of Global Uncertainty: European Perspectives

Business and Policy Challenges of Global Uncertainty: European Perspectives

Author: Torben Juul Andersen

Publisher:

Published: 2024-11-14

Total Pages: 0

ISBN-13: 9781800616219

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The global business landscape is changing -- rapidly. The past decade has seen major disruptions like the pandemic, military conflict, and geopolitical tension with severe ramifications for multinational organizations that operate as part of the global economy. It is no longer viable to optimize international business activities in tightly coupled value chains too rigid and inflexible to deal with major disruptions, which often happen unexpectedly. Instead, rapidly changing environmental conditions require adaptive processes in agile structures to deal with major events.In this edited volume, researchers at the Copenhagen Business School, associated international scholars, and talented students attempt to make sense of these global political developments, considering how they may affect global business, and how multinational enterprises can navigate this. The volume includes eighteen distinct chapters addressing different business and policy challenges posed by an uncertain economic future. The possible consequences of these changes are described as the increasing deglobalization of markets and firms between Europe and the rest of the world, which will inevitably affect the structure of global industries, and multinational corporations must find ways to deal effectively with the turbulent conditions. Many of the chapters may frame the issues from a European angle, whereas other contributions present extensive backgrounds outside of European markets including China, India, and the United States. So, while the volume presents 'European Perspectives', it also engages with broader economic, political, and cultural views.


The Politics of Uncertainty

The Politics of Uncertainty

Author: Ian Scoones

Publisher: Routledge

Published: 2020-07-14

Total Pages: 280

ISBN-13: 1000163407

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Why is uncertainty so important to politics today? To explore the underlying reasons, issues and challenges, this book’s chapters address finance and banking, insurance, technology regulation and critical infrastructures, as well as climate change, infectious disease responses, natural disasters, migration, crime and security and spirituality and religion. The book argues that uncertainties must be understood as complex constructions of knowledge, materiality, experience, embodiment and practice. Examining in particular how uncertainties are experienced in contexts of marginalisation and precarity, this book shows how sustainability and development are not just technical issues, but depend deeply on political values and choices. What burgeoning uncertainties require lies less in escalating efforts at control, but more in a new – more collective, mutualistic and convivial – politics of responsibility and care. If hopes of much-needed progressive transformation are to be realised, then currently blinkered understandings of uncertainty need to be met with renewed democratic struggle. Written in an accessible style and illustrated by multiple case studies from across the world, this book will appeal to a wide cross-disciplinary audience in fields ranging from economics to law to science studies to sociology to anthropology and geography, as well as professionals working in risk management, disaster risk reduction, emergencies and wider public policy fields.


Global Trends 2040

Global Trends 2040

Author: National Intelligence Council

Publisher: Cosimo Reports

Published: 2021-03

Total Pages: 158

ISBN-13: 9781646794973

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.


Economic Policy, Covid-19 and Corporations

Economic Policy, Covid-19 and Corporations

Author: Katarzyna Mroczek-Dąbrowska

Publisher: Routledge

Published: 2023-06-30

Total Pages: 0

ISBN-13: 9781032384986

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This book addresses the economic impact of the COVID-19 outbreak on Central and East European countries and examines the effect the pandemic has had on organizations in the region. It covers companies' responses to the crisis, the role of institutions in stabilizing markets, and the reshaping of global business trends.


Global Economic Prospects, June 2021

Global Economic Prospects, June 2021

Author: World Bank

Publisher: World Bank Publications

Published: 2021-08-03

Total Pages: 339

ISBN-13: 1464816662

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The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.


The Brussels Effect

The Brussels Effect

Author: Anu Bradford

Publisher: Oxford University Press

Published: 2020-01-27

Total Pages: 368

ISBN-13: 0190088605

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For many observers, the European Union is mired in a deep crisis. Between sluggish growth; political turmoil following a decade of austerity politics; Brexit; and the rise of Asian influence, the EU is seen as a declining power on the world stage. Columbia Law professor Anu Bradford argues the opposite in her important new book The Brussels Effect: the EU remains an influential superpower that shapes the world in its image. By promulgating regulations that shape the international business environment, elevating standards worldwide, and leading to a notable Europeanization of many important aspects of global commerce, the EU has managed to shape policy in areas such as data privacy, consumer health and safety, environmental protection, antitrust, and online hate speech. And in contrast to how superpowers wield their global influence, the Brussels Effect - a phrase first coined by Bradford in 2012- absolves the EU from playing a direct role in imposing standards, as market forces alone are often sufficient as multinational companies voluntarily extend the EU rule to govern their global operations. The Brussels Effect shows how the EU has acquired such power, why multinational companies use EU standards as global standards, and why the EU's role as the world's regulator is likely to outlive its gradual economic decline, extending the EU's influence long into the future.


Energy at the Crossroads

Energy at the Crossroads

Author: Vaclav Smil

Publisher: Cambridge, Mass. : MIT Press

Published: 2003

Total Pages: 452

ISBN-13: 9780262194921

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An objective, comprehensive and accessible examination of today's most crucial problem: preserving the environment in the face of society's insatiable demand for energy.


Entrepreneurial Action

Entrepreneurial Action

Author: Andrew C. Corbett

Publisher: Emerald Group Publishing

Published: 2012-07-17

Total Pages: 327

ISBN-13: 1780529015

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Volume 14 addresses the central issue of entrepreneurial action: while many factors are important to the phenomenon of entrepreneurship, entrepreneurship does not happen until someone takes action!


Policy Uncertainty in Japan

Policy Uncertainty in Japan

Author: Ms.Elif C Arbatli

Publisher: International Monetary Fund

Published: 2017-05-30

Total Pages: 48

ISBN-13: 1484302362

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We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper articles that contain certain terms pertaining to the economy, policy matters and uncertainty. Our overall EPU index co-varies positively with implied volatilities for Japanese equities, exchange rates and interest rates and with a survey-based measure of political uncertainty. The EPU index rises around contested national elections and major leadership transitions in Japan, during the Asian Financial Crisis and in reaction to the Lehman Brothers failure, U.S. debt downgrade in 2011, Brexit referendum, and Japan’s recent decision to defer a consumption tax hike. Our uncertainty indices for fiscal, monetary, trade and exchange rate policy co-vary positively but also display distinct dynamics. VAR models imply that upward EPU innovations foreshadow deteriorations in Japan’s macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our study adds to evidence that credible policy plans and strong policy frameworks can favorably influence macroeconomic performance by, in part, reducing policy uncertainty.


New Policy Challenges For European Multinationals

New Policy Challenges For European Multinationals

Author: Rob van Tulder

Publisher: Emerald Group Publishing

Published: 2012-11-21

Total Pages: 484

ISBN-13: 1781900213

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Brings together a variety of scholarly contributions from a European perspective. This book covers dimensions of MNE corporate strategy in the face of complex policy environments: corporate strategic responses to national policy institutions; pro-active institution-oriented strategies; and, dynamics of international business-government relations.