Globalism 2.0
Winning at the New World Economy
Globalism Classic ended with a shuffle as then VP Mike Pence described the new culture war to the Heritage Foundation in October 2018. Globalization is now a dirty word – and those of us that make the front line decisions or analysis that keep the supply chains full are now doing dirty work. Lean in, people.
The good news is that we you are facing less competition, and board-level decisions are a little more realistic post-Covid.
Topics that we like to talk about at G2:
- Nearshoring. We’re fans.
- China expansion. It’s happening. You need a plan. Maybe several.
- The North American Trade Bloc. USMCA is the rulebook, but economics is the driver.
- AI in business and international negotiation.
North American Trade Bloc
Expanding China
AI in International Business
The North American Trade Bloc will either be developed by bureaucrats or will emerge organically driven by MNC decisions. Either way, front-line decision-makers should find ways to extend their competitive advantage.
China’s domestic economy may be having it’s problems, but expansion plans are going full speed ahead.
That includes Mexico and the rest of LatAm. Some politicians in Washington see Mexico and LatAm as “the backyard of the US”. Most politicians in LatAm feel otherwise.
AI is a lot like Globalism2. It doesn’t matter if you love it or hate it — it’s going to be part of your life. Your ability to use AI in international trade will determine your success in the future.
At G2, we are fans of AI.