Changes in the political landscape
The political changes now becoming evident in most democratic countries are often decried as caused by “populists.” So-called radical movements, however, can also be seen as a response to the failures of self-absorbed political “elites.” Consequently, the shifts they prompt may be a form of creative destruction necessary to make room for more effective policies and free debate.
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World race to self-sufficiency in strategic manufacturing
Global value chains have been shrinking for a decade; the pandemic has only accelerated the process. Western countries are now racing to reshore parts of their strategic manufacturing and make supply chains more resilient. China, meanwhile, continues its quest for dominance and competes with the West for access to strategic ...
What can be expected from the Draghi government
When it is in dire need, Italy has a history of reaching for figures outside the political spectrum to right the ship of the state. The coming to Rome of former ECB President Mario Draghi fits that pattern, but only to a point.
An uneasy truce in the Gulf
Saudi Arabia, the UAE, Bahrain and Egypt officially ended their diplomatic and economic boycott of Qatar. Riyadh’s attempt to get in the Biden administration’s good graces has led to a truce between strategic U.S. allies in the Gulf, but Qatar has made only vague promises to change policies that its ...
New Opportunities 2021: Latin America’s difficult outlook
Economic downturns, political mismanagement and natural disasters have sharply increased poverty rates and inequality. As discontent grows, populist politicians could make big gains. China will look to increase its influence in the region, challenging the Biden administration’s commitment to cooperation and multilateralism.
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More Disruptions
Expanding state
A trend toward increased government influence in economies and personal life is curbing growth, and freedom, in many Western countries. The outsized role of government results in misplaced incentives, overregulation – which restrains markets and competition – and irresponsible budgetary ...
Middle East politics
The region, one of the cradles of civilization, is going through a turbulent period of historic realignment. Its powers are vying for political, military, economic and religious dominance with local players and outside actors. Armed conflicts, mainly civil wars, are ...
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