RSM INSIGHTS Deglobalisation: A business myth fuelled by political gain? Recent political events have shown that the business world is now moving in a different direction. But which direction? Nationalism and populism seem to be gaining momentum among the populous but when it comes to trade, is deglobalistion real or a myth that is been fuelled by these unexpected political shifts? The known fact is that international trade will be affected by changes in national and international
trade deals, tax regulations and laws, but will businesses’ aspirations also shift from globalisation to localisation? The answer to this is unclear. The political, financial and economic uncertainty will have a large and lasting effect on the middle market, and provide many businesses with unforeseen issues and challenges. However, at RSM these challenges translate to opportunities.
We are using our knowledge and deep experience of both local and global issues, and our deep understanding of our clients’ business, how they operate and their aspirations, to help them find opportunity in change. At RSM we are helping our clients navigate uncertainty in five core areas: TRADE | TAX | TALENT | TECHNOLOGY TRANSPARENCY
RSM’s expert global panel is using their knowledge and expert analysis of macroeconomics, international trade policy, cross-border relations and cultures, international finance, emerging markets and foreign exchange to help answer the questions middle market business are facing.
ARE BUSINESSES AND PEOPLE DIVERGING?
HOW SERIOUS IS THE NEED FOR INCREASED DATA PROTECTION AND STRICTER CYBER CONTROLS?
HOW COULD DEGLOBALISATION IMPACT THE GLOBAL FLOW OF CAPITAL?
HOW CAN THE MIDDLEMARKET SURVIVE IN THIS COMPLEX GLOBAL ECONOMY?
TRANSPARE NC
TRADE
Y TAX
WILL NATIONAL TAX POLICIES CONTINUE TO ADJUST TO GLOBAL COMPETITION?
HOW DO SOCIAL MOVEMENTS AND UPRISINGS AFFECT BUSINESS ENVIRONMENTS?
HOW WILL DEGLOBALISATION IMPACT CROSSBORDER TRADE?
TE
WHAT ARE THE DIFFERENCES BETWEEN THE EU AND THE US ON DATA PRIVACY AND RELATED ISSUES? ARE CHINESE BUSINESSES THE NEW CHAMPIONS OF DEGLOBALISATION?
OL OGY
EN
T
C
HN
L TA
HOW COULD DEGLOBALISATION AFFECT FOREIGN OWNERSHIP?
HOW WILL THE RESTRICTIONS OF MOVING GOODS AND PEOPLE AFFECT MY BUSINESS?
WILL I HAVE INCREASED BUSINESS COSTS ON TARIFFS, ADVICE, TALENT, RESTRUCTURING?