Corporate Statecraft and its Diplomacy

in The Hague Journal of Diplomacy
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Global corporations operate in an environment of increasing complexity. While they have in the past been able to rely on the modern state to manage much of the complexity in the external environment, as globalization proceeds they are constrained to engage in that function ever more directly. This practitioner’s piece seeks to discuss the evolving challenges for global corporations in the public realm and proposes certain approaches for the conduct of their diplomacy in managing them.

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See Nassim Taleb, The Black Swan: The Impact of the Highly Improbable (London: Penguin, 2007), in which Taleb used the ‘black swan’ as a metaphor to describe an event that comes as a big surprise, but that can be rationalized after the fact with the benefit of hindsight.

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