We have entered a new world economy shaped by two fundamental forces: geoeconomic fragmentation and exponential innovation. In this environment, established cooperative and diplomatic frameworks are under pressure, requiring much more dialogue, imagination and entrepreneurship to regain forward momentum. At the same time, technology and innovation are being deployed at unprecedented speed, with companies playing an ever-greater role.
These shifts are transforming how businesses operate across geographies. On one hand, we are seeing the return of governments reasserting themselves as central economic actors, redrawing economic boundaries and forging new blocs through measures, including industrial policy, tariffs and massive investments, in key domestic companies. On the other hand, rapid and large-scale technological advances, such as artificial intelligence, are generating vast opportunities and changing what it means to compete.
