A Look Back at 2020
- The Impact of the Covid-19 Pandemic
- The Worst Recession in Decades
- The US Presidential Election
- China's Growing Assertiveness
The Impact of Covid-19 in 2021
- The Continuing Spread of the Virus
- The Outlook for Vaccine Distribution
- The Outlook for Further Lockdown Measures
- Timing for a Return to Normality
The Economic Outlook for 2021
- The Economic Outlook for All Major Economies
- The Threat of an Uneven Recovery
- The Outlook for International Trade
- The Main Economic Risks of 2021
Geopolitics in 2021
- The Leading Geopolitical Risks of 2021
- The Biden Administration's Foreign Policy
- The Outlook for 2021's Most Important Elections
- The Impact of Geopolitics on the Global Economy
Key Issues to Watch in 2021
- The Threat of a Longer Economic Downturn
- Weaker Economies Face a Long-Term Struggle
- The US-China Relationship
- The Impact of the Pandemic
Long-Term Trends to Watch
- Rising protectionism and nationalism
- Sluggish productivity growth
- The impact of environmental changes
- As an online webinar to your organization or group
- As a keynote speech at your conference or event
- As a roundtable discussion including in-depth discussions with the audience
Economic Highlights
- The global economic recovery from the Covid-19 pandemic will be highly uneven, with some economies struggling to return to pre-pandemic levels of output.
- More competitive economies with a strong presence in high-tech and high-growth industries will return to growth much faster than other economies.
- Governments will struggle to cope with the huge deficits that resulted from the economic stimulus measures enacted during the pandemic.
- The center of global economic power will continue to shift towards the Asia-Pacific region, even as economic growth in China fails to return to earlier levels.
- Declining working-age populations, an uncertain outlook for trade and investment, and falling productivity growth rates will make it more difficult to generate long-term economic growth.
Geopolitical Highlights
- Despite the change in government in Washington, relations between the United States and many of its long-time allies will remain strained.
- China's growing assertiveness in Asia and further abroad will result in more countries working together to counter China's rising power.
- 2021 will be a relatively quiet year for elections (at least when compared to 2020), with the most consequential elections taking place in Japan, Iran and Germany.
- Right-wing and left-wing populism is likely to continue to gain support in many areas of the world, making it harder to form stable governments.
- Conflict risk will remain dangerously high in many parts of Africa, the Middle East, Central Asia and East Europe in the coming months.
- To learn more about how you can have ISA present the 2021 ISA Global Economic and Risk Outlook at your next event or business meeting, contact ISA at info(at)isa-world.com.