'Keep on Keepin On': How Multinational Enterprises Respond to Deglobalisation

Globalisation brings international economic opportunities for trade exports, capital flows, migration, and multinational business expansion. What happens, though, during periods of deglobalisation? It is often thought that this leads to a reversal – a contraction in international activity. Our research, recently published in the Journal of Management Studies, suggests that deglobalisation’s impact on multinational companies is more complex and can be a subtle, reiterative, and prolonged process, leading firms to pivot rather than contract their level of international engagement.