Living Beyond Borders Articles

Many of us, at least in the advanced economies, thought the pandemic would be over sometime in 2021. Vaccines worked, and a lot of people got them. Restrictions were relaxed, and things started to return to normal. But then came the virus variants, which threw a wrench into hopes of a speedy recovery. What'll happen next year?

Here are three things that could threaten the global post-COVID comeback.

Read Now Show less

56.6: As of December 17, 56.6 percent of the global population has received at least one COVID vaccine shot. We sometimes don't realize how big of an achievement this is from just a year ago, when frontline health workers were the first to get jabs.

Read Now Show less

COVID & authoritarianism. Around the world, the pandemic has given national governments vastly greater mandates to manage how their societies and economies work. That has, among other things, created room for authoritarianism to grow and flourish. But there are different views on how that’s happened, and where. On the one hand, undemocratic or illiberal governments used pandemic restrictions to suppress anti-government protests or muzzle critics. Think of China using COVID restrictions to stop the burgeoning Hong Kong protests, or Russia doing the same to crack down on opposition rallies. Freedom House reported this year that the pandemic had contributed to democratic backsliding in 73 countries, the most since 2005. But there are also those who see authoritarian shadows in what democratic governments have done: imposing vaccine mandates, continued lockdowns, and school closures. In the US, a backlash against this has boosted Republicans ahead of next year’s midterms, while fresh lockdowns and mandates have also provoked fierce protests in Europe. There is also the thorny and unresolved question of how to police misinformation. Some Americans think social media platforms are erring on the side of too much content moderation as they struggle with the difficult problem of weeding out dangerous pandemic fake news. Overall, the question of what governments did during the pandemic, and whether it exceeded their mandates, will affect politics and geopolitics deep into 2022.

Read Now Show less

It started growing in the spring, crept up in the summer, and exploded in the fall. Inflation now dominates the political conversation in many countries. COVID-related disruptions to supply chains are considered the primary cause, but economists also argue about other factors like too much stimulus spending. What to do about it? The classic recipe is raising interest rates, which will make borrowing more expensive, and risks slowing down the economic recovery everyone’s been dreaming of for two years. We take a look at how prices have risen in a few key places around the world.

10: Inflation in the European Union reached a 10-year high in recent weeks, fueled largely by rising energy costs. While some observers are sounding the alarm, the European Central Bank has remained calm(ish), saying that inflation will likely taper off early next year as production bottlenecks stabilize and the pandemic (here's hoping) recedes for good.

Read Now Show less
The expansion will endure: Seeking sustained returns - Outlook 2022 | Citi Private Bank

The economic recovery and bull market are maturing, with moderate growth expected ahead. We believe portfolios should evolve to provide exposure to more defensive sectors, quality firms and dividend growth strategies. In Outlook 2022 we highlight asset classes and regions that may lead the way in 2022 and beyond.

You can click here to read the full report, learn more about key themes in the report, and view related videos.

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal