Stress testing the world

The disruptive events over the past three years – from the pandemic to the invasion of Ukraine and the structural shift of the global economy onto a wartime footing – have placed deep pressure on countries around the world. 

War and other shocks illuminate the strengths and weaknesses of political systems in ways that are not apparent during normal, less turbulent conditions.  Ukraine, for example, has performed remarkably under unimaginable pressure.

So at the start of the year, this note discusses how different countries have been affected by this acute stress; and how well placed they are for the economic and political regime change underway. 

This note is available in full at: https://davidskilling.substack.com/p/stress-testing-the-world