Latent and persistent conflicts, domestic
instability, economic rivalries and trade protectionism will
continue to shape markets in 2025
NEW
YORK, Dec. 5, 2024 /PRNewswire/ -- Protectionist
measures, the continuation of unresolved conflicts and fragmented
domestic coalitions are expected to result in economic uncertainty
and the redefinition of international relationships and trade
dynamics next year, according to a new S&P Global Market
Intelligence report released today. In the report, Power Plays
in 2025, S&P Global Market Intelligence's economic,
geopolitical risk and supply chain analysts identify the four
interconnected themes that will drive global political and economic
relationships in 2025: economic angst, domestic discontent, elusive
alliances and trade troubles.
"The interplay of geopolitical rivalries, economic shifts and
evolving trade relations will define the conflicted global
landscape in 2025," said Natznet Tesfay, Head of Insights &
Analysis, Global Intelligence and Analytics, S&P Global Market
Intelligence. "Trends observed in 2024, such as the
reconfiguration of logistics and the ongoing ramifications of
conflicts in Ukraine and the
Middle East, will persist,
complicating supply chains and market stability. The election
mega-cycle results of 2024 ushered in a new class of legislators
and regulators. The fragility of governments and the rise of
unstable coalitions in various regions will further contribute to
an unpredictable environment."
S&P Global Market Intelligence identified the defining
geopolitical and global macroeconomic themes next year as:
- Economic angst: While S&P Global Market Intelligence
expects the global economic expansion to continue, led by emerging
markets in Asia Pacific,
Latin America and Central Europe, multiple risks—including
structural economic challenges and increased uncertainty stemming
from geopolitical issues—could derail a global economic
expansion.
- Domestic discontent: Several countries may struggle to
combat growing domestic instability characterized by economic
inequality, technological disruptions and political polarization
which are eroding traditional social contracts between governments
and citizens, leading to increased discontent.
- Elusive alliances: The evolving geopolitical landscape,
increasingly characterized by fluid alliances and strategic
recalibrations among nations, will continue to drive both
collaboration and competition as countries prioritize national
security and protectionism.
- Trade troubles: The trend of protectionist measures
including the use of tariffs and export restrictions to protect
domestic industries is likely to fragment the global trade
environment, complicating supply chains and international relations
while contributing to higher prices for consumers and exacerbating
inflationary pressures.
To request a copy of Power Plays in 2025, please contact
press.mi@spglobal.com.
S&P Global Market Intelligence's opinions, quotes, and
credit-related and other analyses are statements of opinion as of
the date they are expressed and not statements of fact or
recommendation to purchase, hold, or sell any securities or to make
any investment decisions, and do not address the suitability of any
security.
About S&P Global Market Intelligence
At S&P
Global Market Intelligence, we understand the importance of
accurate, deep and insightful information. Our team of experts
delivers unrivaled insights and leading data and technology
solutions, partnering with customers to expand their perspective,
operate with confidence, and make decisions with
conviction.
S&P Global Market Intelligence is a division of S&P
Global (NYSE: SPGI). S&P Global is the world's foremost
provider of credit ratings, benchmarks, analytics and workflow
solutions in the global capital, commodity and automotive markets.
With every one of our offerings, we help many of the world's
leading organizations navigate the economic landscape so they can
plan for tomorrow, today. For more information, visit
www.spglobal.com/marketintelligence.
Media Contact
Kate Smith
S&P Global Market Intelligence
+1 781 301 9311
Katherine.smith@spglobal.com or
press.mi@spglobal.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/sp-global-market-intelligence-expects-2024-election-outcomes-and-multidimensional-risk-factors-to-define-global-landscape-next-year-302322895.html
SOURCE S&P Global Market Intelligence