By Dragan Vitorovic The Impossible Trinity is well-known consideration of policy responses to international capital flows, stating that the open economy cannot be combined with the regime of targeting the exchange rate, while at the same time central bank maintains its independence from…

By Dragan Vitorovic Living and working in the Global Risk Society, as proposed by Ulrich Beck, assumes the existence within the hyper-competitive world order. Simply put, risk nowadays is both the strategic enabler and the manager of resilience levels of a specific organization,…

By Dragan Vitorovic According to Financial Times, the recently signed tech-trade war truce between the USA and China can hardly deliver more than a weak hope that things will not get worse. The average tariff levels, seen on both sides, has reached 20…

By Dragan Vitorovic The development of Athens has raised the fears in Sparta of who will have dominance in ancient Greek dominion, resulting in the inability of city-states to understand each other, making the war inevitable. This phenomenon is famously known as the…

By Dragan Vitorovic University professor Andrew Heywood was right stating that the globalization is not a single process, but a multiple processes that may often display divergent paths. The Group of 20 leaders, even if they did not read Heywood’s works, can confirm…

By Dragan Vitorovic The data has become “the new oil”, offering tremendous opportunities for growth, development, and – surveillance. States and companies are extensively researching the various possibilities for the exploitation of data , while insisting on the notion that the Fourth Industrial…