The New Global Context: Could Economic Transformations Threaten Stability?


Authors
Stephane Deo, Mark Haefele, Larry Hatheway, Andreas Koester & Simon Smiles

Research Organisation
UBS

Report Date
Jan. 1, 2015

Document summary

The world is undergoing major transformations. The era of globalization has provided a major boost to global growth, and lifted hundreds of millions of people out of poverty. Yet today, integration and cooperation between countries and people around the world is slowing, or even reversing. Against this backdrop, it is easy to be pessimistic – even alarmist – about the world‘s economic prospects. However imperfectly, the outlook will, we believe, nonetheless continue to improve.

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