IDEAS home Printed from https://ideas.repec.org/a/sdb/social/v11y2022i1p1-9.html
   My bibliography  Save this article

Risk Factors Influencing Global Businesses In Services Industries In A World Of Overlapping Crises

Author

Listed:
  • Georgeta Ilie, PhD, Senior researcher III

    (Institute for World Economy, Romanian Academy)

Abstract

This paper highlights the implications of multiple crises that manifest themselves in 2022 materialized in severe risks for businesses, individuals and governments related with their role as partners in international services businesses. At the level of many international institutions and companies, there is a main concern in identifying global risks affecting the business environment after the pandemic and in the context of the Ukrainian conflict and its consequences. Every business decision maker is concerned more than ever with building the best strategy in a strong relationship with global threats. In this paper, we try to bring together the main categories of risks with strong impact on global businesses in service industries identified by specialized institutions. Over the last decades, service businesses have seen a spectacular evolution and nowadays it covers all aspects of economic, social and technological areas. The interest of the analysis in this paper is to capture to what extent the risks identified as critical for economies, companies and society as a whole impact the businesses in the service industries, given their particular sensitivity to global risk factors, considering that the service sector covers a very wide area of segments from tourism, transport to businesses focused on digitization. Classification-F23, F51, L84, O14

Suggested Citation

  • Georgeta Ilie, PhD, Senior researcher III, 2022. "Risk Factors Influencing Global Businesses In Services Industries In A World Of Overlapping Crises," Social-Economic Debates, Association for Entreprenorial Spirit Promotion, vol. 11(1), pages 1-9, Septembri.
    • Handle: RePEc:sdb:social:v:11:y:2022:i:1:p:1-9
    as

    Download full text from publisher

    File URL: https://economic-debates.ro/01.ilie%202022%20social%20economic%20debates.pdf
    Download Restriction: no
    File URL: https://economic-debates.ro/01.ilie%202022%20social%20economic%20debates.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sdb:social:v:11:y:2022:i:1:p:1-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adi Sava (email available below). General contact details of provider: http://www.economic-debates.ro/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.