IMPACT OF GLOBAL CONFLICTS AND POWER DYNAMICS ON TRADE AND COMMODITIES
Клучни зборови:
global conflict, trade, digital inclusion, supply chain resilience, sustainabilityАпстракт
The paper "Impact of Global Conflicts and Power Dynamics on Trade and
Commodities" examines the transformative effects of geopolitical tensions and
global power shifts on international trade and commodity flows. It argues that longstanding
supply chain models and traditional management practices are being
upended by rapidly evolving global conditions — including conflicts such as the
war in Ukraine and regional instabilities— - that are disrupting established trade
routes and forcing industry to seek alternative sources of raw materials. The authors
examine the evolution from Industry 4.0 to Industry 5.0, emphasizing the
integration of digitalization, intelligent automation and improved human–machine
collaboration to create more resilient and flexible production systems. The study
highlights that the depletion of domestic resources in developed countries,
combined with increasing reliance on distant supply chains, has increased
vulnerability to geopolitical and economic shocks. In response, companies are
urged to adopt flexible, digitally integrated management systems that enable realtime
monitoring and adaptive decision-making. The paper proposes strategic
measures such as the use of advanced logistics information systems, intelligent
robotics, sustainable and circular economy practices, and modular organizational
structures that can be reconfigured to mitigate risk. It also emphasizes the
importance of investing in human capital and promoting global connectivity to
ensure continuous and efficient flows of goods in the face of ongoing international
challenges.