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