We are not yet in a global recession, but governments and businesses the world over are bracing for rising costs, continuing inflation, and slower growth. As the war in Ukraine and pandemic disruptions continue to wreak havoc on supply chains, it seems that stagflation is here to stay. The picture is not entirely bleak, however. Unemployment levels across many economies are very low, recession is less likely for most Asian economies, and there remain opportunities for innovation regionally and globally in areas like climate or digitalisation that can be drivers of corporate growth that address pressing global problems.
Join us for the Regional Strategic Forecast where we will consider how companies can cut through the noise about the challenges of this moment and constructively think about risk resilience and standing up to the next recession. We will explore the factors contributing to a potential global recession - including interest rates, energy and commodity price volatility, supply shocks and more - and the factors mitigating it - including high employment, household savings, high corporate profits, and more. We will also explore the drivers of growth in Asia moving forward amid shifting supply chains, capital flows, and the role of China. Against the backdrop of geopolitical challenges, the tension between the climate and energy crises, and the shifting geography of global business, join us to gain insights on the crucial issues companies ought to watch and how to remain cognisant of current risks while seizing opportunities.