The international economy is brittle and uncertain. Growing geopolitical tensions have intensified stress on an interconnected global economy, which risks fragmenting. Existing supply chains face threat of disruption, and emerging technologies, though rapidly advancing, encounter growing financial and institutional skepticism. Furthermore, the US Federal Reserve has cut interest rates for the first time since the early days of the pandemic, indicating a new economic era.
The September issue of TI Observer explores the current turbulence in the global economy, analyzing the effects of geopolitical tensions, supply chain fragmentation, development of financialization, hollowing out of the real economy, in order to shed light on future economic transformations.