International Business and the Crisis of Globalization

The author’s focal point is the interconnection and interdependence of geopolitics and business and corporate interests of modern states, primarily great powers in the new post globalized political and economic world order. Growing crisis of globalization has set up new rules of the game of market f...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autor principal: A. Yu. Borisov
Formato: article
Lenguaje:EN
RU
Publicado: MGIMO University Press 2019
Materias:
Acceso en línea:https://doaj.org/article/6cea2d6c455a49e19e68fa1fc81da191
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai:doaj.org-article:6cea2d6c455a49e19e68fa1fc81da191
record_format dspace
spelling oai:doaj.org-article:6cea2d6c455a49e19e68fa1fc81da1912021-11-23T14:50:41ZInternational Business and the Crisis of Globalization2071-81602541-909910.24833/2071-8160-2019-3-66-61-88https://doaj.org/article/6cea2d6c455a49e19e68fa1fc81da1912019-07-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/963https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099The author’s focal point is the interconnection and interdependence of geopolitics and business and corporate interests of modern states, primarily great powers in the new post globalized political and economic world order. Growing crisis of globalization has set up new rules of the game of market forces as a result of emerging new centers of state power, both in Europe and in Asia at the expense of «indispensable» America. American decay has become the buzz – word in academic community on both sides of the Atlantic. On «The Self Destruction of American Power» and on how «Washington squandered the Unipolar Moment» for example elaborates Fareed Zakaria, well known columnist and the author of «Post – American World». The question raised and answered in the article is how successfully international business adapts to new conditions of post globalization world and more fragmented marketplace. According to the author corporate interests in a way have become hostage to perilous geopolitical designs and protectionist strategies. The present Trump administration concerned by the rise of China and other competitors wages trade wars against both friends and foes more often than not at the expense of American businesses. The old Marxist dogma and economic determinism that «economics dictates politics» is not valid anymore under the new conditions of strengthening geopolitical rivalry of major world powers and their fighting for supremacy in international politics without due regard for specific business gains or losses. The United States being the only superpower is doing its utmost to stay the course of global hegemony and raises stakes for higher geopolitical risks at the expense of transnational business interests. Its relationships with China and Russia referred to by Washington as «revisionist powers» are at the forefront of the research. The key question to be answered as a result of the offered narrative is whether international cooperation or confrontation today plays a key role from the perspective of corporate “bottom line”.A. Yu. BorisovMGIMO University Pressarticlebusiness strategyglobalization and geopoliticsworld orderamerican decayamerican protectionismtrade warstrade sanctionstariff warsbusiness and foreign policybusiness expansionrise of chinaamerican alliesus and eubelt and roadchinese knotamerican hegemonyhuaweioil and gasnordstream -2hotbeds of tensionsales of armsmarket competitionunfair business practicesunfair competitionturkey and usabusiness conflictsmultinational companiescorporate intereststrump visiontrump dealsrussian strategyrussian businessInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 3(66), Pp 61-88 (2019)
institution DOAJ
collection DOAJ
language EN
RU
topic business strategy
globalization and geopolitics
world order
american decay
american protectionism
trade wars
trade sanctions
tariff wars
business and foreign policy
business expansion
rise of china
american allies
us and eu
belt and road
chinese knot
american hegemony
huawei
oil and gas
nordstream -2
hotbeds of tension
sales of arms
market competition
unfair business practices
unfair competition
turkey and usa
business conflicts
multinational companies
corporate interests
trump vision
trump deals
russian strategy
russian business
International relations
JZ2-6530
spellingShingle business strategy
globalization and geopolitics
world order
american decay
american protectionism
trade wars
trade sanctions
tariff wars
business and foreign policy
business expansion
rise of china
american allies
us and eu
belt and road
chinese knot
american hegemony
huawei
oil and gas
nordstream -2
hotbeds of tension
sales of arms
market competition
unfair business practices
unfair competition
turkey and usa
business conflicts
multinational companies
corporate interests
trump vision
trump deals
russian strategy
russian business
International relations
JZ2-6530
A. Yu. Borisov
International Business and the Crisis of Globalization
description The author’s focal point is the interconnection and interdependence of geopolitics and business and corporate interests of modern states, primarily great powers in the new post globalized political and economic world order. Growing crisis of globalization has set up new rules of the game of market forces as a result of emerging new centers of state power, both in Europe and in Asia at the expense of «indispensable» America. American decay has become the buzz – word in academic community on both sides of the Atlantic. On «The Self Destruction of American Power» and on how «Washington squandered the Unipolar Moment» for example elaborates Fareed Zakaria, well known columnist and the author of «Post – American World». The question raised and answered in the article is how successfully international business adapts to new conditions of post globalization world and more fragmented marketplace. According to the author corporate interests in a way have become hostage to perilous geopolitical designs and protectionist strategies. The present Trump administration concerned by the rise of China and other competitors wages trade wars against both friends and foes more often than not at the expense of American businesses. The old Marxist dogma and economic determinism that «economics dictates politics» is not valid anymore under the new conditions of strengthening geopolitical rivalry of major world powers and their fighting for supremacy in international politics without due regard for specific business gains or losses. The United States being the only superpower is doing its utmost to stay the course of global hegemony and raises stakes for higher geopolitical risks at the expense of transnational business interests. Its relationships with China and Russia referred to by Washington as «revisionist powers» are at the forefront of the research. The key question to be answered as a result of the offered narrative is whether international cooperation or confrontation today plays a key role from the perspective of corporate “bottom line”.
format article
author A. Yu. Borisov
author_facet A. Yu. Borisov
author_sort A. Yu. Borisov
title International Business and the Crisis of Globalization
title_short International Business and the Crisis of Globalization
title_full International Business and the Crisis of Globalization
title_fullStr International Business and the Crisis of Globalization
title_full_unstemmed International Business and the Crisis of Globalization
title_sort international business and the crisis of globalization
publisher MGIMO University Press
publishDate 2019
url https://doaj.org/article/6cea2d6c455a49e19e68fa1fc81da191
work_keys_str_mv AT ayuborisov internationalbusinessandthecrisisofglobalization
_version_ 1718416651906449408