Tag: globalisation

Drawing on a selection of ethnographic studies of precarious work in Africa, this book discusses globalisation and digitalisation as drivers for structural change and examines the implications for labour.

You have just lived through an exceptional part of history. No, I am not talking about the COVID-19 pandemic, although it does play an important role in what we think about as the Great Unwind. Rather, I am talking about the extraordinary period of low inflation we have seen over the past few decades.

If globalisation was powerful for disinflation, de-globalisation is the reverse. We have reached peak globalisation. The world has reached the limits of economic and political integration. The result is the partial reversal of one of the most important deflationary forces at play in global economies.

As we wind up 2022, it is natural to reflect on yet another tough year in the markets and to start planning for the one that lies ahead. We believe there is one crucial ingredient investors will need to ensure investment success in the new year: a fresh mindset.

South Africa is home to many different ethnicities, cultures, and languages and the Heritage Day that takes place in September, is meant to celebrate them all by remembering the cultural heritage of the many cultures that make up the population of South Africa.

There is one serious missing link at the centre of today’s capitalism. It is a disequilibrium between increased economic interconnectedness and increased isolation/exclusion. This unique challenge in the 21st century calls for a unique solution: Ubuntu.

While corporate travel is starting to recover, the pandemic continues to impact the industry, and industry players can see a change in booking behaviour. For example, the shift to last-minute bookings, necessitated by the uncertainty of the past two years, hasn't subsided as quickly as expected.

As countries realise that inflation is linked to the shortfalls of globalisation, the world may see more 'slowbalisation' and 'sticky inflation'. Slowbalisation occurs when countries start diversifying their supply from single to multiple trading partners, and local manufacturers.

Russia’s invasion of Ukraine has opened fault lines between nations which will affect trade relations and investment for years to come. The war in Ukraine is already having a significant effect on inflation and activity in the world economy as commodity prices have soared and supply chains have been disrupted.

The market lens for the rest of 2022 will be focused on the impact of political and policy miscalculations. Russia’s President Vladimir Putin has fully miscalculated the West’s response to his invasion of Ukraine. The speed, strength and unity of global sanctions is bringing about economic collapse in his country.