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Radio Davos

The global economy is slowing - here's why that may not be such a bad thing

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The World Economic Forum has just published its latest Chief Economists Outlook, a regular report based on the views of senior economists around the world.

This edition shows a glass half full and half empty, with concerns of widespread economic recession easing since the last report in May, but slowing global growth and continued economic uncertainty and geopolitical tensions.

In this episode, Jérôme Haegeli, chief economist at Swiss Re, gives his views on the state of the global economy, and where things may be heading.

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Podcast transcript

Strategic
Intelligence

Geo-economics

Geo-economics, or the application of power politics by economic means, is a contest waged via global trade and investment rather than on a traditional battlefield. Countries have been increasingly participating in this form of active economic intervention by applying sanctions, export controls, and subsidies, while developing investment-screening mechanisms and data-localization measures. In general, there is a growing concern about the security risks posed by economic interdependence in terms of sovereignty and economic resilience. This convergence of economic and security thinking is placing added pressure on the norms and rules that have governed the global economy for decade...

Strategic
Intelligence
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Geo-economics
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