Changing World Order And Business Opportunities | Authored by Dr. VP Singh

The world of business may not be a zero sum game but quite often loss of one becomes gain for other. Loss of Ukraine farmers benefitted many African and Asian farmers. For centuries, the European economies dominated the business world. The Second World War saw dominance of US and other NATO nations. As the western world moved more towards services and high technology products, rest of the manufacturing drifted towards Asia through significant rise of Japan, South East Asian Tigers and China. The global financial crisis in 2008, Covid-19 and the Ukraine war have altered the business landscape once again. Long periods of loose monetary policies of US, EU and Japan made money cheaper. Such low opportunity cost of money made venture capitalist finance scores of businesses during this decade.

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