Global Matters
The 20th century’s international order, which installed the United States, Europe and Japan in dominant positions, is ending. New powers are emerging to challenge a system arranged within the framework of U.S. and European multilateralism. Transitional processes necessarily breed chaos and uncertainty. This is the global situation to which our economies and political systems must adapt.
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GameStop and the future of financial markets
The story of what happened with GameStop shares in January is simple: certain investors made the wrong bet and lost. The market worked just as it should have. Regulators and many established financial players do not see it that way, though. Already, they are working together, using the episode to distort the market and strengthen their own positions.
New Opportunities 2021: Covid-19 and the future of shipping and aviation
While Covid-19 has hamstrung global trade and delivered a brutal blow to several crucial industries, it has also accelerated change and created opportunities that could reshape modern transportation. These new developments also highlight how China’s strategic investments have given it a big advantage in the geopolitical landscape of the post-pandemic ...
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.
Europe’s tragic vaccine saga
The slow start to Europe’s vaccination program has set off a round of unhelpful political finger-pointing. A levelheaded analysis shows the EU should prioritize testing and vaccine procurement, while empowering local governments to decide more on health policy. It should also allow businesses to open and encourage innovation in developing ...
New opportunities 2021: Accelerated change in sub-Saharan Africa
In some parts of the world, Covid-19 set off new economic or political trends. In sub-Saharan Africa, the pandemic sped up those that were already in place. Indebted countries are sinking deeper in debt, but Africa’s technological leapfrogging also accelerated. Perhaps most importantly, China’s influence on the continent is set ...
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