The world is changing rapidly. Nobody disputes that. How great the changes are, when a new global equilibrium is established and, crucially, what that might look like are the questions that need to be answered, not least for companies and countries to form strategies for the future. The era that has just ended, which lasted for three decades after 1989, was the period of history in which the power of states mattered less than at any other time.  This is not to say that power was not the most important factor in international relations, or that the most powerful countries…

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