The global system is no longer defined by a single dominant power. Thus, investors can no longer rely on geopolitical assumptions that shaped most of recent history. That was the core message from Marko Papic, Chief Strategist at BCA Research, in his keynote address at the CommBank's 15th Global Markets Conference.
Papic argues that the shift to a multipolar world is both irreversible and deeply consequential. In his opinion, the transition away from U.S. hegemony has been underway for more than a decade.
