A manager’s guide to surviving a world in which business is impacted by economic statecraft
Fifth, get the right understanding of the tools governments use to intervene in the global economy: tariffs, sanctions, licences, quotas, capital controls, currency manipulation, bans and boycotts. It is necessary to know how these instruments work, who they target and who suffers their impact. Cut through the polemic and political rhetoric. Set aside political loyalty and national pride for a moment. When in doubt, read an undergraduate textbook or beginner’s guide.
