Director’s update: Globalised Economy

The last two months have been a tour de force of international meetings. From Davos and WTO MC12 through to the G7 and CHOGM, all have been held in the backdrop of war in Ukraine, global inflation, rising costs and real concerns about how to secure resilience. The B7 in Germany last week was no different.  With lively conversations on the question of deglobalisation and what does decoupling from China mean, it was interesting to hear the German Chancellor Olaf Scholz note that “decoupling was not an option” and to achieve true economic resilience “we need to work with democracies globally to turn multipolar into multilateral”.  Following all this diplomatic engagement the real work starts now.  And industry have an integral role. 

We need to take the issues in your board risk registers as well as your growth strategies and ensure that the government is prioritising the international partn