“Whether it’s the Treasury or the Department of Justice or the SEC or the Federal Trade Commission, every one of these groups is looking at us in a more scrutinized fashion,” said Timothy Walbert, CEO of Horizon Pharma. “For our part, we just have to make sure that we are following the letter of the law throughout and, even with that, know that you’re going to get a lot more questions than you did before and accept that as the new way of doing business.”
About 60 percdent see the world moving towards regional trading blocs, according to the study, and the downside to regional and bilateral pacts is an increased complexity in operating across borders. “I think the second big part that’s transforming the world economy is this emergence of regional and bilateral trading systems,” said Ajay Banga, CEO of MasterCard.
There are more than 100 free-trade projects in Asia Pacific alone. The Trans-Pacific Partnership (TPP) includes the U.S., Japan and 10 other Pacific Rim economies.
“Now you need a strategy for China, Europe, the U.S. and Latin America in terms of where your growth is coming from and how to deploy your resources,” said Mark Vergnano, CEO of The Chemours Company.