BlackRock CEO Larry Fink, whose firm oversees investments equivalent to about half of US GDP, has predicted that efforts to punish Russia over its invasion of Ukraine would lead to the unraveling of globalism as decision-makers reconsider their foreign vulnerabilities. “The Russian invasion of Ukraine has put an end to …
Read More »According to the Merriam-Webster dictionary, globalization is the act or process of globalizing, the state of being globalized. The development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets. Globalization impacts businesses in different ways and …
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In 1992, Japanese-American scholar Francis Fukuyama authored a book titled ‘The End of History and the Last Man’ which fabled liberal democracy as the final, inevitable and ultimate stage of man’s evolutionary development. The timing was no coincidence, only a year earlier, the Soviet Union collapsed and brought an end …
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One of the key characteristics of the new era will be the reversal of unfettered globalization, a team of analysts led by strategist Jim Reid predicted. While we saw “the best combined asset price growth of any era in history, with equity and bond returns very strong across the board” …
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