Geopolitical tensions are at a record high since Russia’s invasion in Ukraine, adding to the already existing tensions between the USA (and increasingly the EU) and China, while several important players in the Global South are not really willing to take sides. Increasingly, this conflict is viewed as one between democratic and autocratic political systems.

Will geopolitics ultimately terminate globalisation? What are the cost of a global fragmentation into competing blocs? Will “de-risking” be a way out of the impasse of decoupling? Can a revival of multilateralism lead to better and mutually beneficial outcomes?

Read the full new entry on my New Global Economy Blog here...