This year we went through some of the key ingredients to ensure our economy can continue growing – and grow faster – even amid disruption. We began by looking at some of the immediate and nearer-term implications for growth, including new political cycles in 2024 in the US, Europe and South America; a structural shift in global interest rates; and geopolitical conflict and tensions in Europe, the Middle East and Asia.
We also reflected on the longer-term dynamics that are changing the world: the impact of AI, blockchain and other transformative technologies on our lives; fundamental changes to demographics and immigration; energy security and the transition; as well as other challenges to the international economic order. We examined the proactive and reactive role that banks and financial institutions must play to support growth the world over.