Innovation, collaboration pivotal to business resilience amid shocks

shutterstockInflation

Inflation continues to play out in different ways across different markets. PHOTO | POOL

The world is at a crossroads. We are staring at an economic climate that is amongst the most challenging in our lifetime, and one that, from forecasts and projections, seems poised to remain so for the near future.

An article in the Economist, ‘The World Ahead 2023’, mentions three shocks that strained the global economy in 2022 which are expected to continue in 2023.

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Note: The results are not exact but very close to the actual.