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A New World Disorder? Navigating a Polycrisis: Global Trends 2023

This market research report surveys public opinion on many current topics including technology, climate change, globalization, inequality, political splintering, and more. It frames its findings in the context of the polycrisis, asserting that the three major challenges facing all markets are economic crisis, globalization vs. local priorities, and the climate crisis. “We’re entering a ‘new […]

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Three Ways to Read the ‘Deglobalisation’ Debate

Adam Tooze argues that there are three ways to reconcile “the feverish talk of deglobalisation and decoupling” with statistics that “show an inertial continuity in trade and investment patterns: business as usual, insofar as nothing has changed and the deglobalisation talk is empty; a new Cold War in which the US is trying seriously to

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Are we Headed toward a “Polycrisis”? The Buzzword of the Moment Explained

Noting that polycrisis was the key buzzword at the World Economic Forum’s January 2023 meeting in Davos, Daniel Drezner attempts to make sense of the concept as “the concatenation of shocks that generate crises in other systems that, in turn, worsen the initial crises, making the combined effect far, far worse than the sum of

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Whose Polycrisis?

Farwa Sial argues that the polycrisis neologism is a feint that allows international financial institutions to continue business as usual by obscuring their role in global problems. She critiques definitions of polycrisis for downplaying the role of capitalism and global power hierarchies in the perpetuation of contemporary crises, and for overlooking the experiences of the

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So We’re in a Polycrisis. Is That Even a Thing?

Andreas Kluth argues that the term polycrisis is unhelpful to solving the world’s problems because it captures nothing new. Human history is full of complex crises, interactions between them, and the absence of single causes and solutions. “My practical advice is to stop coining Greek neologisms and attack complexity with simple words. We have problems,

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Secretary-General’s Remarks at the World Economic Forum

In his address to the World Economic Forum, United Nations Secretary-General António Guterres proposed that “Our world is plagued by a perfect storm on a number of fronts”, including an economic crisis (involving slowdown, inflation, rising cost of living, and high debt), the lingering effects of the covid-19 pandemic (alongside ill-preparedness for the next pandemic),

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Davos Obsession With ‘Polycrisis’ May Seem Remote, But Corporate Boards Should Take Notice

In response to the 2023 World Economic Forum summit in Davos, Michael Peregrine argues that “the emphasis on polycrisis calls on boards to not only look more broadly on global risks that might affect the company’s business, but also to look at them in a different way. The fundamental governance message of polycrisis is to

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Why ‘Polycrisis’ was the Buzzword of Day 1 in Davos

Reporting on the first day of the World Economic Forum’s 2023 summit in Davos, Time magazine writer Yasmeen Serhan notes that “polycrisis” is the “most ubiquitous buzzword” of the meeting.

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De-Globalization or Re-Globalization?

In this inaugural panel of the 2023 World Economic Forum summit Adam Tooze asserts that the term polycrisis aptly characterizes the state of the world, while Historian Niall Ferguson dismisses polycrisis as an “illusion” or “mirage” and argues that humanity’s present troubles are “just history happening.”

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Top Risks 2023

Ian Bremmer and Cliff Kupchan present their top ten geopolitical risks for 2023: an increasingly rogue and reckless Russia; an increasingly powerful and unconstrained Xi Jinping; the weaponization of artificial intelligence; shockwaves of global inflation; Iran backed into a corner; higher energy prices; reversals of development; political divisions in the United States; the disruptive digital