Alliances Matter, Again

Alliances Matter, Again

Alliances Matter, Again

The ground is rumbling beneath the feet of world leaders, and that rumbling is signaling a shift in the “tectonic plates” of global alignment. The pandemic, stressed economies and Russia’s invasion of Ukraine have refocused leaders’ attention on what is happening in the world, and what is happening is a search for expanding alliances that can provide not just physical security but economic security and financial strength. Geo-economics has become more effective at securing new alliances, and China has become its most successful practitioner, but not the only one. Countries are looking after their own interests first, and that has started to shift alliances,especially around China, across the Middle East and into the Indian subcontinent. A challenge to globalization is surfacing from new alliances with different perspectives on how economies should grow and under what kind of rules.

Share this Insight

We look forward to helping you