Summary of Geo-Economics

Seven Challenges to Globalization

World Economic Forum,

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Geo-Economics summary
“Geo-economics” is changing who the winners and losers are in the global economy.

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Recommendation

The World Economic Forum, in this enlightening tour of a fast-changing world, says globalization is ceding dominance to “geo-economics,” an environment in which world leaders use economic weapons to settle international disputes, powerful nations squeeze out periphery countries, and governments intervene in markets. These are among the seven challenges recalibrating the world’s economic mind-set toward a multipolar range of diverging interests. getAbstract recommends this far-reaching report on global trends to investors, executives and futurists.

In this summary, you will learn

  • How seven challenges to globalization offer risks and opportunities
  • How nations will interact in a redrawn “geo-economic” landscape
 

Summary

After the Great Recession, “geo-economics” usurped globalization as the dominant force in world affairs. Recent conflicts among the world’s powers – such as that pitting the West against Russia over Ukraine – have deployed economic weapons such as sanctions, trade alliances and currency manipulation...
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