This book addresses the economic impact of the COVID-19 outbreak on Central and East European countries and examines the effect the pandemic has had on organizations in the region. It focuses on the widely understood business environment, covering companies’ responses to the crisis, the role of institutions in stabilizing markets, and the reshaping of global business trends.

The book is a complex and multidimensional work that draws its roots from distinct yet simultaneously interlinked research areas. All of the chapters, whether they refer to macro-, meso-, or micro-perspectives, always highlight how crises – global and regional – change the global trends we have observed in business in the last 20 years. The book includes the most topical issues that delineate public discourse on firms’ resilience. In this way, it ‘connects the dots’ and uncovers the missing links necessary for any reader wishing to understand the specificity of contemporary companies’ responses to unexpected events such as pandemics or geopolitical crises. Further, it tackles questions such as what role institutions play in building the adaptive capacity of companies, how companies build their resilience capacity for 21st-century crises, and what the significance is of the uncertainty, the information asymmetry, and the bounded rationality concept on the company’s decision-making process.

The book will find a broad audience among academics and students across diverse fields of study, as well as practitioners and policymakers. It is a key reference for all those who want to better understand the complex nature of uncertainty, crisis management, and its implications, not only for CEE countries but, first and foremost, the business environment.

This book addresses the economic impact of the COVID-19 outbreak on Central and East European countries and examines the effect the pandemic has had on organizations in the region. It focuses on the widely understood business environment, covering companies’ responses to the crisis, the role of institutions in stabilizing markets, and the reshaping of global business trends.

The book is a complex and multidimensional work that draws its roots from distinct yet simultaneously interlinked research areas. All of the chapters, whether they refer to macro-, meso-, or micro-perspectives, always highlight how crises – global and regional – change the global trends we have observed in business in the last 20 years. The book includes the most topical issues that delineate public discourse on firms’ resilience. In this way, it ‘connects the dots’ and uncovers the missing links necessary for any reader wishing to understand the specificity of contemporary companies’ responses to unexpected events such as pandemics or geopolitical crises. Further, it tackles questions such as what role institutions play in building the adaptive capacity of companies, how companies build their resilience capacity for 21st-century crises, and what the significance is of the uncertainty, the information asymmetry, and the bounded rationality concept on the company’s decision-making process.

The book will find a broad audience among academics and students across diverse fields of study, as well as practitioners and policymakers. It is a key reference for all those who want to better understand the complex nature of uncertainty, crisis management, and its implications, not only for CEE countries but, first and foremost, the business environment.

Global supply chains, long seen as engines of efficiency and economic integration, have been increasingly disrupted by recent crises, including the COVID-19 pandemic, armed conflicts, and shifts in trade and industrial policy. These developments have raised costs, increased uncertainty, and reduced the predictability of cross-border production and exchange. Firms operating in Central and Eastern Europe (CEE) face particularly strong pressures as overlapping geopolitical forces reshape production networks, market access, and strategic choices.

This book examines how firms build and sustain supply chain resilience (SCRES) under persistent geopolitical uncertainty. It maps how research on SCRES has evolved and provides detailed empirical evidence on how firms in the CEE region respond to geopolitical risk. Focusing on practical adjustment mechanisms such as supplier diversification, nearshoring, inventory buffering, and route reconfiguration, this book analyses how firms adapt supply chains in environments shaped by sanctions, trade disputes, and regulatory fragmentation.

Using qualitative case studies and causal modelling, the analysis shows that resilience does not result from isolated decisions or single best practices. Instead, it emerges from the interaction of multiple strategic choices made over time. By combining insights from dynamic capabilities, institutional economics, and systems thinking, this book conceptualises SCRES as an economic outcome shaped by firms’ responses to changing costs, governance constraints, and information conditions under geopolitical pressure.

The book is intended for researchers and graduate students in supply chain management, economics, international business, and related fields, as well as for policymakers and practitioners concerned with geopolitical risk, industrial adjustment, and resilience in global production networks.

Global supply chains, long seen as engines of efficiency and economic integration, have been increasingly disrupted by recent crises, including the COVID-19 pandemic, armed conflicts, and shifts in trade and industrial policy. These developments have raised costs, increased uncertainty, and reduced the predictability of cross-border production and exchange. Firms operating in Central and Eastern Europe (CEE) face particularly strong pressures as overlapping geopolitical forces reshape production networks, market access, and strategic choices.

This book examines how firms build and sustain supply chain resilience (SCRES) under persistent geopolitical uncertainty. It maps how research on SCRES has evolved and provides detailed empirical evidence on how firms in the CEE region respond to geopolitical risk. Focusing on practical adjustment mechanisms such as supplier diversification, nearshoring, inventory buffering, and route reconfiguration, this book analyses how firms adapt supply chains in environments shaped by sanctions, trade disputes, and regulatory fragmentation.

Using qualitative case studies and causal modelling, the analysis shows that resilience does not result from isolated decisions or single best practices. Instead, it emerges from the interaction of multiple strategic choices made over time. By combining insights from dynamic capabilities, institutional economics, and systems thinking, this book conceptualises SCRES as an economic outcome shaped by firms’ responses to changing costs, governance constraints, and information conditions under geopolitical pressure.

The book is intended for researchers and graduate students in supply chain management, economics, international business, and related fields, as well as for policymakers and practitioners concerned with geopolitical risk, industrial adjustment, and resilience in global production networks.

This book addresses the economic impact of the COVID-19 outbreak on Central and East European countries and examines the effect the pandemic has had on organizations in the region. It focuses on the widely understood business environment, covering companies’ responses to the crisis, the role of institutions in stabilizing markets, and the reshaping of global business trends.

The book is a complex and multidimensional work that draws its roots from distinct yet simultaneously interlinked research areas. All of the chapters, whether they refer to macro-, meso-, or micro-perspectives, always highlight how crises – global and regional – change the global trends we have observed in business in the last 20 years. The book includes the most topical issues that delineate public discourse on firms’ resilience. In this way, it ‘connects the dots’ and uncovers the missing links necessary for any reader wishing to understand the specificity of contemporary companies’ responses to unexpected events such as pandemics or geopolitical crises. Further, it tackles questions such as what role institutions play in building the adaptive capacity of companies, how companies build their resilience capacity for 21st-century crises, and what the significance is of the uncertainty, the information asymmetry, and the bounded rationality concept on the company’s decision-making process.

The book will find a broad audience among academics and students across diverse fields of study, as well as practitioners and policymakers. It is a key reference for all those who want to better understand the complex nature of uncertainty, crisis management, and its implications, not only for CEE countries but, first and foremost, the business environment.

This book addresses the economic impact of the COVID-19 outbreak on Central and East European countries and examines the effect the pandemic has had on organizations in the region. It focuses on the widely understood business environment, covering companies’ responses to the crisis, the role of institutions in stabilizing markets, and the reshaping of global business trends.

The book is a complex and multidimensional work that draws its roots from distinct yet simultaneously interlinked research areas. All of the chapters, whether they refer to macro-, meso-, or micro-perspectives, always highlight how crises – global and regional – change the global trends we have observed in business in the last 20 years. The book includes the most topical issues that delineate public discourse on firms’ resilience. In this way, it ‘connects the dots’ and uncovers the missing links necessary for any reader wishing to understand the specificity of contemporary companies’ responses to unexpected events such as pandemics or geopolitical crises. Further, it tackles questions such as what role institutions play in building the adaptive capacity of companies, how companies build their resilience capacity for 21st-century crises, and what the significance is of the uncertainty, the information asymmetry, and the bounded rationality concept on the company’s decision-making process.

The book will find a broad audience among academics and students across diverse fields of study, as well as practitioners and policymakers. It is a key reference for all those who want to better understand the complex nature of uncertainty, crisis management, and its implications, not only for CEE countries but, first and foremost, the business environment.

Global supply chains, long seen as engines of efficiency and economic integration, have been increasingly disrupted by recent crises, including the COVID-19 pandemic, armed conflicts, and shifts in trade and industrial policy. These developments have raised costs, increased uncertainty, and reduced the predictability of cross-border production and exchange. Firms operating in Central and Eastern Europe (CEE) face particularly strong pressures as overlapping geopolitical forces reshape production networks, market access, and strategic choices.

This book examines how firms build and sustain supply chain resilience (SCRES) under persistent geopolitical uncertainty. It maps how research on SCRES has evolved and provides detailed empirical evidence on how firms in the CEE region respond to geopolitical risk. Focusing on practical adjustment mechanisms such as supplier diversification, nearshoring, inventory buffering, and route reconfiguration, this book analyses how firms adapt supply chains in environments shaped by sanctions, trade disputes, and regulatory fragmentation.

Using qualitative case studies and causal modelling, the analysis shows that resilience does not result from isolated decisions or single best practices. Instead, it emerges from the interaction of multiple strategic choices made over time. By combining insights from dynamic capabilities, institutional economics, and systems thinking, this book conceptualises SCRES as an economic outcome shaped by firms’ responses to changing costs, governance constraints, and information conditions under geopolitical pressure.

The book is intended for researchers and graduate students in supply chain management, economics, international business, and related fields, as well as for policymakers and practitioners concerned with geopolitical risk, industrial adjustment, and resilience in global production networks.

Global supply chains, long seen as engines of efficiency and economic integration, have been increasingly disrupted by recent crises, including the COVID-19 pandemic, armed conflicts, and shifts in trade and industrial policy. These developments have raised costs, increased uncertainty, and reduced the predictability of cross-border production and exchange. Firms operating in Central and Eastern Europe (CEE) face particularly strong pressures as overlapping geopolitical forces reshape production networks, market access, and strategic choices.

This book examines how firms build and sustain supply chain resilience (SCRES) under persistent geopolitical uncertainty. It maps how research on SCRES has evolved and provides detailed empirical evidence on how firms in the CEE region respond to geopolitical risk. Focusing on practical adjustment mechanisms such as supplier diversification, nearshoring, inventory buffering, and route reconfiguration, this book analyses how firms adapt supply chains in environments shaped by sanctions, trade disputes, and regulatory fragmentation.

Using qualitative case studies and causal modelling, the analysis shows that resilience does not result from isolated decisions or single best practices. Instead, it emerges from the interaction of multiple strategic choices made over time. By combining insights from dynamic capabilities, institutional economics, and systems thinking, this book conceptualises SCRES as an economic outcome shaped by firms’ responses to changing costs, governance constraints, and information conditions under geopolitical pressure.

The book is intended for researchers and graduate students in supply chain management, economics, international business, and related fields, as well as for policymakers and practitioners concerned with geopolitical risk, industrial adjustment, and resilience in global production networks.