small world

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Despite the focus on big powers and mega firms, scale is not everything in the global economy. Smaller, agile firms & countries often have an edge.
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Economies with high core inflation tend to have the tightest labour markets; monetary policy is not enough to reduce inflation
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My recent travels to New Zealand & Singapore highlighted more similarities (concerns on geopolitics, inflation) than differences between Asia & Europe
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The war of attrition between Russia and Ukraine is as much economic as military; and the economic costs are growing
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The G7, NATO, & ECB meetings this week provide a sense of the scale & scope of current global challenges, and some of the emerging responses
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Tight US monetary policy in response to surging inflation is creating issues around the global economy, with potentially lasting economic & political…
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Six years on from the Brexit and Trump votes, the emerging model of globalisation means that America First is likely to be enduring than hard Brexit
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The pandemic coupled with geopolitical tensions, net zero, & technology will structurally change the economic geography of globalisation.
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Economic & political volatility is rising as a new global regime emerges. Firms & governments need to position for sustained turbulence.
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Geopolitics trumped globalisation at Davos this week. But there are risks to be managed as globalisation becomes more political.
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The good times of the past 30 years have created economic & political exposures for firms & countries in a changing world
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The economic and political aftershocks from Russia’s invasion continued this week, from Europe to Asia. Deep structural change is underway.
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small world

Global economics, geopolitics, & policy from a small economy perspective, by David Skilling
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small world

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