For companies, the challenge is not choosing between idealism and abandonment but forging a pragmatic path that balances resilience, local adaptation, and long-term business priorities.
Last December's launch of Malaysia's first national EV could spur local component production, but this could be constrained by market conditions while the country's old supply chain, in which the carmaker remains heavily invested, will endure.
The Federal Reserve is perhaps the most significant independent economic actor in the US. Yet it has surrendered to Trump – the Fed Board withdrew from a global network that brought together central banks to improve climate risk management.
If a tea seller or a street vendor in Mumbai had drafted the United Nations Guiding Principles on Business and Human Rights, they might have looked very different. The focus on Global North research in academia needs to shift.