How the world economy learned to live with the drama

As economists predict a 'soft landing' after recent crises, is the global economy now 'oblivious to the new world disorder'?

Wall Street's famous bull statue is a symbol of US economic hegemony
Wall Street's famous bull statue is a symbol of US economic hegemony
(Image credit: Michael Nagle/Bloomberg via Getty Images)

It seems that geopolitical crises are 10 a penny in 2024, with concerns around the global financial system, an inflation crisis in the West, deflation in China and half the world's population heading to the polls. 

There is "little wonder that analysts speak of 'polycrisis', 'hellscapes'; and a 'new world disorder'", said The Economist. "And yet, for the moment at least, the world economy is laughing in the face of these fears."

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us