Converged communicators in International Business (that’s GEB3373) are advised to take a look at the unfolding chaos in Ukraine. After several days of violent protests across the country, the government has actually vacated many of its buildings, according to this live report from the BBC. Protesters have toppled statues of Lenin throughout the country, and leading members of the government have been dismissed. Some reports indicate that the president has resigned – by the time you read this, this may have already occurred. The scene is more unpredictable than ever.
The future direction of the uprising is totally uncertain. But some believe that Ukraine – divided between its pro-Russian and pro-European halves – may be headed for a breakup, with some advocating secession. This would be a dramatic example of the “catastrophic political risk” that we’ve discussed in GEB3373, something that doesn’t happen very often, particularly in an industrialized nation. If Ukraine does split up, what do you think would be the consequences for multinational enterprises doing business in the pro-Western portion? In the pro-Russian portion? In Russia itself?