Charting the course through chaos

Worried? Well, maybe you should be. EDC Economics’ Top 10 Global Risks is aimed at focusing exporters on the possible threats that should be of greatest concern. Risk mitigation is key to addressing some of these risks that may be on your radar.

Change is an omnipresent mantra, ranging from disruptive technologies, like artificial intelligence to the varied impacts of climate change. One consequence of the pace of change is that citizens from Brazil to Hungary are electing populist governments and providing them with a mandate to upend the status quo contributing to increased Global Protectionism. One glaring manifestation of this No. 1 risk is the current trade war between the United States and China, which is not only having repercussions on both economies but also pumping the brakes on worldwide growth. If it escalates, it could have long-term effects on future investment, global supply chains and trade flows…