Rethinking business in a world in turmoil скачать в хорошем качестве

Rethinking business in a world in turmoil

“There is not one way of seeing the same reality.” – For Paul Bulcke, Honorary Chairman of Nestlé, the turbulence of global trade underscores the importance of leadership that goes beyond technical expertise. Judgment, perspective-taking, and the ability to interpret uncertainty, he argued, are becoming essential. “The goal was to move away from the 31% tariffs, but into the other direction.” – Rahul Sagal, CEO of the Swiss-American Chamber of Commerce, noted that according to SECO, only about 10% of Swiss exports are affected by the 39% tariffs imposed by the Trump administration. However, due to the appreciation of the Swiss franc, a Swiss company exporting to the U.S. currently faces additional costs of 50–60% compared to a U.S. competitor, a situation that is clearly unsustainable in the long run. He emphasized that Switzerland is one of the few “industrialized countries” that still truly has an industry, with 20–25% of its GDP coming from the industrial sector. His greatest concern is that, if current trends continue, Switzerland could eventually become just another average industrialized nation focused primarily on services. Despite clear risks, several speakers highlighted opportunities. Europe could strengthen its geopolitical weight by completing the Capital Markets Union. Switzerland retains substantial advantages: strong institutions, stability, innovation capacity, and an economic model built on openness rather than protectionism. Across different disciplines and vantage points, leading thinkers at the UBS Center Forum for Economic Dialogue converged on a shared message: global trade is not collapsing, but it is entering a more complex, politically charged, and strategically contested phase. The world economy is being rewired, yet the core structures of global integration remain intact. The question is not whether globalization will survive, but what shape it will take next. https://www.ubscenter.uzh.ch/en/news_...   / ubscenter     / ubscenter   #EconomicsForSociety #UZH #shareubs ‪@uzhch‬ ‪@UBS‬ ‪@ubsschweiz‬ ‪@UZHDepartmentofEconomics_ECON‬ ‪@uzh-oec‬