All business and politics are local. Markets and political contexts can be as global as you want – but in the final analysis, it comes down to success at home.
So the German chancellor might well regard her place among the world’s most influential people as a warning. According to the U.S. business magazine Forbes, Angela Merkel is the second most powerful person in the world, in large part because of her leadership in Europe’s refugee crisis. That ranks her behind Russia’s president, Vladimir Putin, and ahead of U.S. President Barack Obama. Another publication, The Economist, called her the “indispensable European.”
But statesmen and stateswomen often find that, at the peak of their international reputation and power, they are losing influence in their own country. You don’t even have to go back as far as Great Britain’s wartime prime minister, Winston Churchill. Helmut Kohl, the father of German reunification, also was celebrated internationally. Germans on the other hand, had had enough of his politics, just a few years later.