Event Details
As the new year begins, wars are raging in Africa, Europe and the Middle East. And shipping is under attack in the Red Sea, threatening new transport and commodity price spikes. These crises are explosive in their own right. Combine them with a presidential race in America and 2024 promises to be a make-or-break year for the post-1945 world order.
The 2020s were destined to be dangerous. The West's share of world GDP has fallen towards 50% for the first time since the 19th century. Countries such as India and Turkey believe the global institutions created after 1945 do not reflect their concerns. China and Russia want to go further and subvert this system. Their club - the enlarged BRICS bloc (now including Saudi Arabia, the UAE, Egypt and Iran) - clearly has more than one eye on upsetting US political and financial hegemony. Though America's economy is still pre-eminent, its unipolar moment has ended. And its allies in Europe and Japan are in relative economic decline.
The new dynamic is one of instability and an unpredictable cycle of populism, interventionist economics and transactional globalisation. And these challenges to global governance are occuring at a moment when international cooperation to solve pressing global problems is more necessary than ever. We'll open this session in conversation with Editor-in-Chief of The Economist, Zanny Minton Beddoes, a renowned global economics expert and visionary leader, sought-after for her authoritative perspectives on the world economy.
We'll continue our EICN Regional Strategic Forecast programme exploring this unfamiliar landscape, with its new alliances, fierce rivalry, mistrust and weaponization of finance, technology and critical minerals. How will businesses be impacted by industrial policies that support strategically important domestic priorities over trade? And what does this especially mean for business in China and the region?
Join us, and leading thinkers and business leaders, as we assess the implications of this multipolar disorder.
Please note that this event is limited to senior-level executives and per invitation only. If you are not an existing member of The Economist Intelligence Corporate Network, but would like to learn how you can attend our events, please contact us.