Business executives around the world are worried. And when business decision-makers worry, they hold back on investment commitments that would raise living standards and create jobs.
What should worry everyone, business executives and employees alike, is that these worries come from self-inflicted wounds imposed by political leaders. Business executives know all about taking risks. They make commitments all the time based on their own firms’ capabilities in intensely competitive markets. What business executives cannot assess, however, is the uncertainty that arises because of outside forces beyond their control and knowledge. And right now, uncontrollable — and even unknowable — political forces are creating the kind of uncertainty that can derail economies around the world.
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