After Brexit, Global Is Local

Britain’s decision was a setback for the global economic order. Here’s how GE plans to keep growing in a protectionist world.
Under Immelt’s leadership, GE has increased its revenue from outside the U.S. nearly sixfold.

THE RESULTS of the U.K. referendum on Brexit have caught the markets and many globalization observers by surprise. They shouldn’t have. The belief that governments and big institutions just don’t work and the rise of populism and protectionism have been gaining momentum for quite some time.

We live in a world that is volatile, and the economy is uncertain. Economists have lowered global growth projections every year since 2010. The value of government bonds with negative yields has surpassed $12 trillion in the wake of the U.K. vote. There is geopolitical unrest, and Europe in particular has been rocked by fragmentation and has struggled to

You're reading a preview, sign up to read more.

More from Fortune

Fortune2 min read
JPMorgan Wooed WeWork. Now What?
BETWEEN THE POSTPONEMENT of its initial public offering and the sharp decline in its prospective valuation, The We Co.—parent company of real estate startup WeWork—has incurred plenty of financial casualties. There’s CEO and cofounder Adam Neumann, m
Fortune3 min readTech
Playing the Surprise Move
Today’s most advanced artificial intelligence is already making decisions that run counter to human intuition. How can managers learn to stop worrying and love the bot?
Fortune2 min readLeadership & Mentoring
Helping Women Thrive in the Workplace
By building a culture that provides equal opportunities for women to succeed, Insight Global has become an industry powerhouse.