Event Details
Join the EICN for the final Regional Strategic Forecast for the year! This valuable session will prep executives for what may very well be the beginning of a new era defined by complexity, requiring tough decisions on investment, hiring and inventory management.
As governments of leading economies expand the use of trade defence instruments and other protectionist measures, other countries are following suit—ultimately at the expense of the efficiency of global trade.
Many emerging markets are highly sensitive to a potential influx of Chinese goods, given their ambition to develop homegrown manufacturing sectors. African economies have long looked to move away from their extractive relationships with China, and the push to manufacture value-added goods on the continent will pick up pace in the coming years, as economies such as South Africa, Angola, Kenya and Nigeria continue on their paths to more diversified economies.
Current trade policy developments point to an increasingly vicious cycle, and there are significant risks that retaliatory actions could escalate. Ultimately, the new supply chains that develop as a result of protectionist industrial policy are likely to be less efficient, resulting in more expensive global production and thus inflationary pressure at a time when many countries faced and continue to face cost of living crises and population discontent.
Meanwhile, the dust will have settled on the US election —and its outcome will play a pivotal role in shaping the future of global trade for the years ahead.
Join us, our special guest speaker Alex Holmes, Regional director for Asia Pacific at the EIU, and influential thinkers and business leaders to explore the enduring primary and secondary consequences on global trade of this shifting policy landscape. In this session, we will hear the state of global economies, and what business leaders will need to prepare for in the next three to five years.
Please note that this event is limited to senior-level executives and per invitation only. If you are not an existing member of Economist Intelligence Corporate Network, but would like to learn how you can attend our events, please send an email to eicn_africa@economist.com
