A week of remarkable events signals far-reaching global economic & political change ahead
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Russia's invasion of Ukraine accelerates structural changes in the global economic & political system, requiring hard choices to be made.
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The sanctions imposed on Russia, and stakeholder pressure on firms, suggest that values will increasingly shape global economic relations
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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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Russia’s invasion & aggressive economic sanctions in a deeply globalised world will lead to massive global economic disruption & structural change
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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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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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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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Geopolitics trumped globalisation at Davos this week. But there are risks to be managed as globalisation becomes more political.
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Russia's invasion of Ukraine has implications for China’s relationship with the global economy, with likely disruptive economic consequences
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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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Countries are being forced to make hard choices as the global system fragments. Small states are at the sharp end of this.
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