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Former Minister of Health of Rwanda
Professor of Strategic Studies at the New Delhi-based Center for Policy Research
Nobel laureate in economics
Former Executive Secretary of the UNFCCC
Director of the UCL Institute for Innovation and Public Purpose
Professor of Government at Claremont McKenna College
Professor Emeritus of Economics at New York University’s Stern School of Business
Joseph E. Stiglitz
Nobel Laureate Economist
Global ructions have put an end to the long era of price stability and low interest rates, forcing a reconsideration of many business models and economic growth strategies. Whether old orthodoxies can be replaced by something genuinely new and better is now the trillion-dollar question.
Year Ahead 2023
The year 2022 was one of grim and grisly returns: the return of major war – and nuclear brinkmanship – to Europe; the return of high inflation and the threat of stagflation globally; and the return of famine, dire poverty, and other problems against which the developing world had been making steady progress. With all these developments poised to continue, the question now is whether solutions will be found to counter the forces of discord and disintegration.
Over the past decade, a mix of global shocks and more subtle, creeping trends has exposed the fragility of twenty-first century progress. It remains to be seen whether we are witnessing a new Great Game, a Cold War 2.0, or merely a continuation of past trends. But it is already clear that the international community will need to set some new ground rules, lest it cease being a community at all.