Investing in a Multipolar World
The date is 1 January 2000.
Though a new millennium has dawned, little has changed – the world is a place of certainty.
US economic and military might has created a unipolar world. Liberal democracy is advancing. International institutions – such as NATO and the World Trade Organisation – are expanding and strengthening. Globalisation and trade interconnections are also accelerating, making wealthy nations wealthier and lifting millions of the world’s poorest people out of extreme poverty. Though in some parts of the world US involvement is unwelcome at best, there is no doubt that the West is in the ascendancy, and little sign this is about to change.
Today, this world is upside down.
