Why Thuringian Companies need to make Geoeconomics part of their Risk Management

Globalization isn't over, but international trade patterns are changing. The world has entered the age of geoeconomics, where many commodities, manufactured goods and strategic industries become subject to security rationales. This, as Professor Goldthau highlighted in his keynote to the Thueringer Aussenwirtschaftstag – the annual foreign trade day – warrants a rethink of corporate risk management.

Speaking to a high-level audience including Wolfgang Tiefensee, Thuringia's minister of economy, globally active entrepreneurs and representatives of chambers of commerce and industry, Goldthau drew on Brandt School research on reshoring and industrial policies in clean tech to make the case for increasing attempts to alter supply and value chains.

For further details on his keynote and pictures of the event see www.awt-thueringen.de.