Thriving amid a disrupted global order
Businesses need to build geopolitical muscles to navigate shifting world order
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THE year 2024 was heralded as the Ultimate Election Year, where voters in more than 60 countries, accounting for half the world’s population, went to the polls. The world has since voted and it is “politics not as usual”.
With rising costs and an increased sense of insecurity over their livelihood and identity, it was in many cases a challenging election for the incumbents who had to deal with frustrated voters desiring for a change in the status quo.
Donald Trump’s victory in the US election epitomises the increasing appeal of right-wing populism. We are entering a period with America-first as the dominant theme. If “Trump 1.0” serves as a guide, further hikes in tariffs and a tightening in immigration will be inevitable.
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