Shift from Globalization to Geopolitics

The podcast discusses a significant global shift from a period of benign globalization to one dominated by great power rivalries, emphasizing that geopolitical dynamics now drive economic decisions. This change is illustrated through the observation that the world has moved from a focus on increasing trade and investment barriers to the re-emergence of protectionism, complicating the investment landscape for businesses and portfolio companies. The speaker notes this shift is marked by renewed competition and conflict globally, suggesting a strong demand for information on these geopolitical developments. This context is important for investors who are navigating an increasingly volatile environment influenced by international relations.