Multipolarity involves emerging geopolitical dynamics, emanating in structural shifts across the international ecosystem. We identify key drivers of this shift across states, regions, and institutions.
The dollar still dominates global finance, but its once-assumed neutrality is beginning to erode as geopolitics reshapes access to the world’s financial infrastructure. Rather than abandoning the dollar, states are building safeguards against overdependence.
As the architects of a company’s geographic footprint, executives must recognise the importance of geoeconomic fluency in navigating screening regimes.
Steel firms in the EU and ASEAN are increasingly shaped by geoeconomic pressures. They must prioritise resilience and strategic positioning above traditional market advantages.
The rise of geoeconomics has intensified the securitisation of trade, pushing many regions toward protectionism. Yet Southeast Asia presents a different trajectory, where cooperation and openness continue to shape economic strategy.
The dollar still dominates global finance, but its once-assumed neutrality is beginning to erode as geopolitics reshapes access to the world’s financial infrastructure. Rather than abandoning the dollar, states are building safeguards against overdependence.
Industrial policy has returned to the centre of global economic strategy, as states increasingly intervene in markets to secure technological leadership. Nowhere is this shift more visible than in the race to control semiconductor production.
