S&P Global Market Intelligence expects accumulating geopolitical shocks to continue driving global political and economic relationships in 2023
Recessions in Europe and North America, unresolved conflicts, and energy security concerns to pose persistent economic and geopolitical risk next year
NEW YORK, Nov. 22, 2022 /PRNewswire/ -- The COVID-19 pandemic and the Russia-Ukraine war profoundly reorganized global structures and relationships in 2022, and will continue to drive additional uncertainty in the year ahead, according to a new S&P Global Market Intelligence report, A World Rebalancing, released today.
The report highlights the five overarching themes driving global political and economic relationships in 2023: the unsettled global security environment, energy security and the energy transition, continued disruption in global supply chains, reshuffling labor markets and economic divergence.
"The tests ahead are interconnected and have vast commercial impact," said Dr. Lindsay Newman, Head of Geopolitical Thought Leadership at S&P Global Market Intelligence. "As governments, civil society and multilateral institutions adapt to what appears to be a new era of uncertainty and instability, so too will businesses and markets navigate sanctions, increased protectionism, government interventions, alternative payment systems and reputational risk."
S&P Global Market Intelligence identifies the key five defining geopolitical and global macroeconomic themes:
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About S&P Global Market Intelligence
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SOURCE S&P Global Market Intelligence
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