
The business world has entered one of the most exciting and yet challenging periods in recent memory. While the long era of globalization created economic benefit for both industrialized nations and emerging markets, a slow unraveling has been taking shape. The world’s two largest economies—the United States and China—continue to decouple, with the potential for massive consequences. Russia’s invasion of Ukraine has disrupted global supply chains, strained energy markets worldwide, and altered the power balance across the European Union.