Three Phases of Modern Globalization
The evolution of globalization over the last three decades can be segmented into three phases: The Golden Era, Nationalist Backlash and the Dual-Track Era.
To prepare themselves for a potentially tumultuous tussle between globalization and nationalism, CIOs need to consider the various ways these tensions will ripple across their investment portfolios and create new risks and opportunities.
The evolution of globalization over the last three decades can be segmented into three phases: The Golden Era, Nationalist Backlash and the Dual-Track Era.
In sectors at the heart of great power rivalry and protectionist industrial policy, a new set of investment opportunities and risks are emerging.