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Doing business in a changing world: how Italian managers can lead the future of export
Director Battocchi, the global landscape is entering a new cycle of tensions and instability. Amid regional conflicts, trade restrictions, and the renewed focus on economic security, how are Italian companies coping with these shifts in their international operations? The Italian economy is highly diversified across sectors. We rank among the world’s top three exporters in roughly 1,000 out of 5,000 ...
Apple at a critical crossroads: dependence on China and the tariff war
"Designed by Apple in California. Assembled in China." The presentation of the first iPhone by Steve Jobs on January 9, 2007, in San Francisco, California, went down in history not only for its theatricality but, above all, for its vision. The live demonstration of an entirely new product, which introduced so many innovations, literally marked the beginning of a new era – both in technology and ...
The EU roadmap towards nature credits: new opportunities for business and risks management
Currently, if you cut a tree, you get revenues from timber. In some cases, you can even get money when you replace it through “reforestation schemes”. If you keep it alive, allowing it to continue to capture carbon and keeping intact the larger forest ecosystem, you are not remunerated. This is what should change and what nature credits (or biodiversity credits) could make possible. Recently the ...
Geoeconomics: new challenges for the ECB and the Fed
Geoeconomics is an increasingly common perspective in analyses of today’s international economic and political landscape. The recent development of geoeconomics stems from the interplay between economic analysis and political science, shining a light on the international political drivers that help explain economic policy decisions. In truth, this has long been a subject of interest for economic ...
Social Return On Investment: Measuring the Impact of ESG Initiatives
The last five years have seen a tenfold upsurge in the efforts of companies to undertake sustainability pathways, in keeping with the SDGs (Sustainable Development Goals) adopted by the United Nations in 2015 as part of the 2030 Agenda. These initiatives range from interventions to encourage greater respect for the environment and/or discourage polluting behaviors, to paying more attention to people, ...
Geoeconomics and protectionism: the harsh law of the hammer
The trajectory of globalization shows that international trade does not follow a linear or irreversible path, but reflects a fragile balance among economic interests, political power, and conflicting ideological visions. After decades of market liberalization and faith in the multilateral institutions born after World War II, today’s global economic order is undergoing profound transformation. The ...
Sustainability under attack: the green challenge between data and disinformation
For years, science has shown that climate change is real and driven by human activity. Recent news confirms that we have already crossed seven out of nine planetary boundaries that keep our planet in balance. Johan Rockström, Director of the Potsdam Institute for Climate Impact Research, warns that we are jeopardizing the stability of Earth’s entire life-support system – vital for our prosperity ...
Managing nature’s portfolio: why natural capital really matters
Whether as farmers or fishers, foresters or miners, households or companies, governments or communities, we manage the assets to which we have access, in line with our motivations as best as we can. But the best each of us can achieve with our individual portfolios may nevertheless result in a massive collective failure to manage the global portfolio of all our assets. We are like a crowd of people, ...
Understanding costs to make better decisions
To measure costs effectively, it is essential to understand their possible alternative classifications and determine which items to consider and how to include them in measurement processes. Although each company may organize its costs differently, it is still possible to identify several typical categories observable across all firms, and these can therefore be regarded as the most common ...
Cash and digital money: beware the Stockholm syndrome
The digital euro is a public investment that needs to be made as soon as possible. Europe must maintain both physical and digital euros. The rationale is straightforward: the less public money is used, the greater the risk of becoming hostage to private and foreign monies – often without realizing it, and even inadvertently encouraging them. This is a kind of Stockholm syndrome, and it is precisely ...