Article
Source: European Business Review
Article
01.02.25
Following the recent wave of elections worldwide, protectionism has become more prevalent, which has led to the rise of a “patchwork quilt” global economic system, according to a recent article by Pillsbury's head of International Government Law & Strategies Matthew Oresman. The focus on local job creation and the adoption of policies that prioritize national interest has led to increased competition and more complex regulations.
With business leaders facing challenges due to varying rules across different regions, developing multi-jurisdictional tax and risk management strategies is essential. As such, Oresman emphasizes that business should remain adaptable to the rapidly changing environment and balance competing risks and opportunities across global markets.
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