These Are the New Global Economy Drivers and Disrupters

The video discusses the impact of disruptive forces like technology, protectionism, and climate change on global economies. It highlights the challenges and opportunities for emerging markets to leapfrog in technology and adapt to new economic realities. The report examines 114 economies, focusing on traditional growth drivers and disruptive forces. The discussion also covers the implications of protectionism on trade, particularly for countries like Vietnam, and the evolving global order where Asia is becoming a significant player in manufacturing for its own market.

What are some of the disruptive forces mentioned that are shaping the global economy?

• Healthcare, agriculture, transportation, and communication

• Trade, infrastructure, education, and business climate

• Automation, digitization, climate change, populism, and protectionism

• Technology, innovation, globalization, and urbanization

What is a significant risk for Vietnam in the context of global trade?

• Rising protectionism blocking trade flows

• Lack of technological advancement

• Over-reliance on agriculture

• Insufficient infrastructure development

What is a challenge for emerging markets in terms of technology?

• Limited access to global markets

• Developed countries are too far ahead in technology

• Lack of skilled labor

• High cost of technological adoption

How are Asian countries changing their role in the global manufacturing landscape?

• By making products primarily for Asian consumers

• By focusing solely on exports to the West

• By reducing manufacturing activities

• By increasing reliance on Western technology

What is a consequence of increased protectionism for global manufacturing?

• Higher investment in Asian manufacturing

• Rebasing of factories to countries like Mexico

• Increased collaboration between countries

• Greater focus on digital services