The shift to a more multi-polar world is underway, according to Philippe Dauba-Pantanacce, senior economist and chief global geopolitical analyst with investment bank Standard Chartered. In an exclusive video, he explains recent US retrenchment from particular global events, bilateral trade becoming a trend and the rise of populism due to multiple new and rapidly growing outlets that disseminate information–be it false or not. From London, Dauba-Pantanacce tells Emerging Market Views what “trends will be accentuated” in 2017 and discusses the possibility for more global instability, key factors that undoubtedly will impact emerging markets.
“We have seen a rise in fringe or extreme opinion…with the multiplication of sources of information.” In addition, a post-financial crisis world has brought unprecedented change. “The shift from monetary policy to fiscal policy has been exhausted.”