Global economic risks and trends impact every single aspect of a business: demand for a product, the strategy of suppliers, expansion opportunities, the interest rate on debt, and so on. And even though the world is complicated and there are never clear answers, leaders need to understand different global macro scenarios, examine about how they might play out, and be prepared to respond. Being able to explain those scenarios is critical for formulating and persuading others of the value of a strategy. In this session, participants will identify the most important global macroeconomic risks and trends. They will consider different scenarios for how these developments will play out, and then brainstorm potential strategic responses for their organization.
Leaders must consider the opportunities and challenges that emerge for businesses operating in a globalized world that are navigating trends towards deglobalization.
In this session, participants will assess the impact of the historical long-term trends towards more trade and financial globalization for the world economy and for their business. They will evaluate why imbalances across countries have formed, allowing them to predict the economic effects of a sudden stop in capital flows to a country. Using this framework, participants can debate the sustainability of financial imbalances in the US and the future role of the dollar. Finally, using this toolkit, it is possible to evaluate different deglobalization scenarios and their impact for businesses.
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