
Corporate Re-entry as an Indicator of the End of the “Age of Wars”
Russia’s full-scale invasion of Ukraine in February 2022 marked not only a military but also an economic turning point in the international order. The mass withdrawal of multinational corporations (MNCs) from Russia demonstrated that geopolitical risk had begun to outweigh the benefits of global economic interdependence. But if corporate exit is one indicator of the beginning of a new “age of wars”, the gradual return of MNCs could be an indicator of its eventual end. Corporate return should not, however,















