PwC's Crow Discusses Identity Politics, Populism

The video discusses Narendra Modi's second term, highlighting his strong approval ratings despite tough reforms like demonetization and GST. It explores economic concerns, the rise of populism, and the global rightward political shift. The discussion extends to Brexit, examining its potential economic impact on the UK, particularly in financial services. The video emphasizes the interconnectedness of global politics and economics, noting how identity politics and economic challenges influence political landscapes.

What were some of the reforms implemented by Modi that maintained popular support?

• Agricultural Subsidies and Tax Cuts

• Defense Spending and Infrastructure

• Demonetization and GST

• Healthcare and Education

What is a common consequence of low economic growth according to the transcript?

• Increased foreign investment

• Rise in populism

• Higher employment rates

• Stable currency values

What political trend is observed globally, including in Australia?

• Decline in voter turnout

• Rightward shift and rise of populism

• Rise of centrist movements

• Shift towards left-wing policies

What is a significant concern for the UK economy post-Brexit?

• Loss of agricultural exports

• Decline in tourism

• Financial services activity moving out of London

• Reduction in manufacturing output

What potential event could lend support to the Brexiteers' case?

• Banking fragility on the continent

• Economic stability in the Eurozone

• Strengthening of the Euro

• Increase in UK exports