Aspen Economic Strategy Group’s Post

TODAY 3:30PM ET/1:30PM MT | Tune into the Aspen Economic Strategy Group's event, "Strengthening America's Economic Dynamism," LIVE from Aspen. Americans are facing an era of economic reconfiguration driven by rising global tensions, technological change, and a populist backlash to the economic status quo. Leaders on both sides of the political aisle are increasingly turning away from free-market principles and endorsing protectionist trade policies and government industrial policy. This shift threatens to end an era characterized by international economic cooperation and broad-based global growth. What does this trend mean for America’s economic dynamism? What steps should US policy and business leaders take to advance innovation, growth, and widespread economic prosperity? Featuring AESG Director Melissa S. Kearney, in conversation with Lawrence H. Summers and Robert B. Zoellick. Livestream: https://lnkd.in/g7vzAsuc Event Webpage: https://lnkd.in/gJx_nJU6

"Explore the global economic landscape of 2024! 🌍 Presenting the top 10 largest economies in the world, driving global growth and innovation. See which countries lead the way in economic power and influence.  #GlobalEconomy #TopEconomies #EconomicPowerhouses #2024"

"The Global Economic Outlook Post-Pandemic" 📈 "As we emerge from the pandemic, what are the key economic challenges and opportunities ahead? Join the conversation on how different economies are adapting to the new normal. #GlobalEconomy #PostPandemic" https://lnkd.in/g_JPxpxP

"The Global Economic Outlook Post-Pandemic" 📈 "As we emerge from the pandemic, what are the key economic challenges and opportunities ahead? Join the conversation on how different economies are adapting to the new normal. #GlobalEconomy #PostPandemic" https://lnkd.in/eWFAwTUT

"The Global Economic Outlook Post-Pandemic" 📈 "As we emerge from the pandemic, what are the key economic challenges and opportunities ahead? Join the conversation on how different economies are adapting to the new normal. #GlobalEconomy #PostPandemic" https://lnkd.in/dv86nNKd

The global economic landscape is at a crossroads. The US has long championed globalization and free trade, but recent protectionist trends and trade barriers challenge this model. With increasing self-reliance and geopolitical tensions, particularly the US-China rivalry, the global economic order is shifting. China’s state-driven capitalism and the rise of BRICS (Brazil, Russia, India, China, South Africa) are reshaping economic rules. The future remains uncertain: will we see more collaboration or deeper fragmentation in the global economy?

Organizations continue to navigate #geopolitical tensions, #regulatory pressures and #industrychallenges, meaning a significant increase in global economic growth in 2024 seems unlikely. Discover more economic insights and key considerations in the latest Global Economic Outlook report.

Importance of EMEA From a macroeconomic perspective, empowering marginalized economic actors can contribute to sustainable and equitable economic growth. By tapping into the full productive potential of all segments of society, countries can achieve higher levels of productivity, innovation, and competitiveness in the global marketplace.

Over the last few decades, the global economy has undergone a significant evolutionary transformation. Post-World War II, the global economic structure was primarily divided into two main parts: the economy revolving around the union and common markets, and the global economy dominated by the United States. The U.S. economy once represented over 50% of global GDP, playing a hegemonic role in global economic governance. However, over the past 30 years, this centralized economic system has shifted towards a more decentralized and distributed global economic network. This transition has brought about both opportunities and challenges, particularly for regions experiencing high growth. Politically, the benefits of a centralized system have waned, and the evolution towards a decentralized global economy continues to shape the economic landscape. I joined David Oualaalou and Elizabeth Stewart to discuss historic dynamics and contemporary issues. #MultipolarPeace #multipolarity

TUNE in at 3:30 EST - Featuring Lawrence H. Summers, Charles W. Eliot University Professor and President Emeritus at Harvard University and former United States Secretary of the Treasury; and Robert B. Zoellick, Chair of Temasek Americas and former United States Trade Representative; in conversation with Melissa S. Kearney, director of the Aspen Economic Strategy Group. Americans are facing an era of economic reconfiguration driven by rising global tensions, technological change, and a populist backlash to the economic status quo. Leaders on both sides of the political aisle are increasingly turning away from free market principles and endorsing protectionist trade policies and government industrial policy. This shift threatens to end an era characterized by international economic cooperation and broad-based global growth. What does this mean for America’s economic dynamism? What steps should US policy and business leaders take to advance innovation, growth, and widespread economic prosperity? Presented as part of the Hurst Lecture Series. About the Aspen Institute: The Aspen Institute is a global nonprofit organization whose purpose is to ignite human potential to build understanding and create new possibilities for a better world. Founded in 1949, the Institute drives change through dialogue, leadership, and action to help solve society’s greatest challenges. It is headquartered in Washington, DC and has a campus in Aspen, Colorado, as well as an international network of partners. For more information, visit www.aspeninstitute.org.