How geopolitics, geoeconomics, and new organizational models are changing the world of business

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Authors: Saul Estrin, Bob Hancké
Cited by: 4
References: 59

Abstract

Abstract We explore the implications for international business of scenarios in which the gradual dealignment between geopolitics and geoeconomics has led to the emergence of two inward-looking political-economic groupings. These developments leave some countries and blocs, especially the European Union, only weakly aligned. Firms in some sectors are simultaneously vertically reintegrating, abandoning elements of global comparative advantage under technological or political pressure. International value chains and trade do not disappear as a result, but their shape and effects will change. How an MNE approaches these big shifts in the world economy will depend on its home location with implications for national economic policy, MNE internationalization, and corporate strategizing.

Fields of Study & Subjects

World Systems and Global Transformations International Business and FDI Global trade sustainability and social impact

Publication details

Journal / source
Journal of International Business Policy
Publisher
Springer Science and Business Media LLC
Volume
9
Issue
2
Pages
254–266
Publication date
7 May 2026
Language
EN