Northern Trust’s global economist roundtable, hosted by Carl Tannenbaum, examines the unraveling of globalization and its economic and policy consequences across key regions.
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The U.S. remains the primary engine of global consumption, intensifying the impact of tariff tensions and asymmetries in trade dependence.
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Middle-income countries face rising instability as supply chains fragment and AI accelerates productivity gains while threatening labor displacement.
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Sovereign debt concerns have eased, supporting fiscal expansion, while Europe explores greater strategic autonomy—despite its own structural constraints.
What does a world of reduced interdependence mean for growth, markets and capital flows? Delve into the full commentary for forward-looking perspectives.
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