Corporate reactions to the fracturing of the global economy

This paper postulates a deep and long-term fracture in the global economy has occurred. It concentrates on policy induced changes including tariffs, trade wars, "antiglobalization rhetoric and the disintegration in trade blocs. The paper examines the impact of the fracture on corporate strategies. The corporate reaction to the fracture has been muted, uncertain and piecemeal. the paper argues that significant corporate responses are overdue and that the eventual responses will herald new modes of international management. • This paper postulates a long-term fracture in the world economy. • Corporate reaction to the global fracture has been uncertain and piecemeal. • Corporations need to revisit their long-term strategies.