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Contents

The World Ahead 2023

November 18, 2022

From the editor
Ten trends to watch in the coming year

Why a global recession is inevitable in 2023
The world is reeling from shocks in geopolitics, energy and economics
Ukraine has a fighting chance in 2023
But it is still not clear how the war will play out
Has China reached the peak of its powers?
Xi Jinping has set himself up for a difficult year
Prepare for rising tensions between fiscal and monetary policy
Central bankers will remain hawkish in 2023
How Putin’s war is causing global instability
Other strongmen must learn the right lessons
A whole new global energy system is emerging
It involves some uncomfortable compromises
Companies must battle the beast of stagflation
They will face a toxic mix of high costs and low demand
National anthems have fallen behind the times
The time has come to update them