The Economist (May 11)
2024/ 05/ 12 by jd in Global News
“The prioritisation of national security above unfettered investment is reshaping the movement of capital across borders. Global capital flows—especially foreign direct investment (fdi)—have plunged, and are now directed along geopolitical lines.” This benefits non-aligned countries, who “play both sides.” Ultimately, however, “as geopolitical blocs pull further apart, it is likely to make the world poorer than it otherwise would be.”
Tags: Borders, FDI, Geopolitical, Geopolitical blocs, Global capital flows, Investment, National security, Non-aligned countries, Plunged, Poorer, Prioritisation, Reshaping, Unfettered
