A second great recession highly unlikely, says new global economic report The global economy is not likely to witness another Great Recession-style collapse, despite several indicators to the contrary in recent months, according to a newly-published report by the Arab Strategy Forum in partnership with Good Judgement Inc, the world’s leading geopolitical and economic forecasting institution.
Titled ‘11 Questions for the Next Decade’, the wide-ranging and far-reaching findings and themes of the report, will be discussed in depth by former ministers, decision-makers and politico-economic thought leaders, including former US Vice-President Dick Cheney, at the 12th edition of the annual Arab Strategy Forum in Dubai on December 9.
The ‘State of the world’ style report tackles 11 vital mega-trends and questions that will define the global social, political and economic landscape in the 10 years ahead. Unlike previous editions, this year’s report looks to predict the future leading up to 2030 — a crucial time for many Middle Eastern economies whose visions are set to come to fruition by that year.
‘11 Questions for the Next Decade’ analyses 11 major political and macroeconomic situations — or ‘mega-trends’ as the report terms them — and their likely consequences to determine where the world is headed, come 2030. Topics covered range from the global recession to the fragmentation of superpowers and Brexit to the Iranian regime and America’s anticipated fall from dominance, to the emerging US-China tech war and the prospective “Splinternet”, water scarcity in the region and the growing crop of gasfields in the East Mediterranean region.
Qualitative and quantitative feedback and data was garnered for the report’s 11 sections following rounds of discussions on Good Judgement’s platform, with a series of ignition questions’ posed to “Superforecasters”: 150 experts from diverse backgrounds ranging from political scientists, economics researchers, scholars, subject-matter experts with professions ranging from finance to intelligence, management and medicine. The ignition questions for each topic seek answers to the issues at the heart of major economic change in the years ahead.
The Superforecasters answers serve as indicators and monitors of predicted change based on the outlined global mega-trends.
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