Risk Management in case of international threat

Session

Political Science

Description

Nowadays, wherever you go, whether in Dublin or Hong Kong, some of the constant topics of conversation between business people are inevitably linked to the Covid 19; elections in the Netherlands, France and Germany; President Biden and his security and U.S. policies; as well as for South Korean presidential blaming. It is interesting that developed countries, which are traditionally associated with political stability, are becoming new sources of volatility and uncertainty that concern businesses, especially those in emerging markets.

Globalization is undoubtedly a contributing factor. It has fostered greater connectivity, enabling people, goods and services to move freely while improving the quality of life, especially for people in the developing world. However, globalization has also provoked reactions from those who have lagged behind, urging populist leaders in the West to back down and defend what they believe is in their national interest. Thus, growing nationalism in the economy and ideology in the West, along with various ardent nationalist brands raised by political leaders in Russia, China, the Philippines, and Turkey, have sparked concerns about possible trade wars, stock market clashes, and of currencies, territorial disputes and military conflicts.

Keywords:

Securtity, Threats, Nationalism, Confilcts, Economy

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-47-5

Location

UBT Kampus, Lipjan

Start Date

30-10-2021 12:00 AM

End Date

30-9-2021 12:00 AM

DOI

10.33107/ubt-ic.2021.263

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Oct 30th, 12:00 AM Sep 30th, 12:00 AM

Risk Management in case of international threat

UBT Kampus, Lipjan

Nowadays, wherever you go, whether in Dublin or Hong Kong, some of the constant topics of conversation between business people are inevitably linked to the Covid 19; elections in the Netherlands, France and Germany; President Biden and his security and U.S. policies; as well as for South Korean presidential blaming. It is interesting that developed countries, which are traditionally associated with political stability, are becoming new sources of volatility and uncertainty that concern businesses, especially those in emerging markets.

Globalization is undoubtedly a contributing factor. It has fostered greater connectivity, enabling people, goods and services to move freely while improving the quality of life, especially for people in the developing world. However, globalization has also provoked reactions from those who have lagged behind, urging populist leaders in the West to back down and defend what they believe is in their national interest. Thus, growing nationalism in the economy and ideology in the West, along with various ardent nationalist brands raised by political leaders in Russia, China, the Philippines, and Turkey, have sparked concerns about possible trade wars, stock market clashes, and of currencies, territorial disputes and military conflicts.