Fracturing of global economic and financial ties will lead to shifts in supply chains, and reduced technology and investment flows between US- and China-centred blocs over the coming decade. Geopolitical considerations will play a greater role in economic policy than they have for a generation. If the shifts are gradual, economies and financial markets in much (though not all) of the world will adapt without too much cost, but destabilising shocks will be a greater risk than they have been the past.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services