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Strategic Capitalism: How Efficiency Stopped Being the Top Priority

Summary by Retail Banker International
Mikael Wigell is the founder and CEO of Economic Security Forum, a geoeconomics consultancy. He is also a visiting professor at College of Europe in Brussels, Belgium. For decades, foreign direct investment (FDI) followed a simple principle: efficiency. Firms built global supply chains to minimise costs, and governments competed for capital through deregulation and open markets. This model of market capitalism underpinned globalisation’s golden …
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2 Articles

Retail Banker InternationalRetail Banker International

Strategic capitalism: how efficiency stopped being the top priority

Mikael Wigell is the founder and CEO of Economic Security Forum, a geoeconomics consultancy. He is also a visiting professor at College of Europe in Brussels, Belgium. For decades, foreign direct investment (FDI) followed a simple principle: efficiency. Firms built global supply chains to minimise costs, and governments competed for capital through deregulation and open markets. This model of market capitalism underpinned globalisation’s golden …

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Investment MonitorInvestment Monitor

Strategic capitalism: how efficiency stopped being the priority

A location's comparative advantage is now less important than its strategic advantage, Economic Security Forum CEO Mikael Wigell argues.

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Investment Monitor broke the news in on Monday, October 20, 2025.
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