Manufacturing Risk: Geopolitical Doxa and the Corporate World
The evolving power dynamics between the United States, China, and Russia are creating new geopolitical realities that businesses can no longer evade. Geopolitical risk has become unavoidable, yet many companies remain unprepared to navigate its complexities. Corporate leaders can no longer afford to overlook its implications.
To navigate these uncertainties, they can rely on a geopolitical doxa produced by key players of the “geopolitical risk market”—investment banks, specialized firms, and strategy or audit consultancies. This perspective—while extensive, well-documented, and useful—is built on a fundamental assumption: “Despite ongoing turbulence, globalization will persist.” It tends to be linear, impersonal, and partial.
Understanding this doxa—or prevailing narrative—means grasping the mental frameworks that shape it. While it provides valuable insights into global trends, it often remains incomplete and primarily descriptive. The corporate world would benefit from complementing this perspective with a more intentional, embodied, and specific approach.
Learn more in this episode of our podcast (French) "Le monde selon l'Ifri" with Thomas Gomart:
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Manufacturing Risk: Geopolitical Doxa and the Corporate World
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Geoeconomics and Geofinance Initiative
To analyze the impact of power rivalries and tensions on globalization, this initiative combines economic and political expertise. In the face of growing geopolitical risk, the goal is to decipher the dynamics of reconfiguration: protectionist pressures, sanctions, restrictions, industrial policies, and economic security concerns are redefining the rules of international trade. These tensions are also transforming international financial relations by undermining the foundations of trust and reshaping the global monetary system. They raise questions about the role of several key players: sovereign wealth funds, central banks, digital platforms, multilateral institutions, and financial infrastructure operators. In a context of profound disruption, simply refining existing approaches is no longer sufficient. The initiative is designed as a flexible model, drawing on diverse expertise to offer both broad overviews and targeted analyses. It also provides a platform for stakeholders and experts from various backgrounds to debate these issues freely.
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