Spencer Feingold
January 7, 2025
This video is part of: Centre for Regions, Trade and Geopolitics
The world is facing a perfect storm of challenges, with global security at a crisis point and competition escalating. The climate crisis has intensified, with 2024 recorded as the hottest year ever. Economic growth remains sluggish, with the IMF projecting global growth of just 3.2% in 2025—and only 1.8% in developed economies.
Political instability is another pressing concern. In 2024, over 60 countries held elections, and many incumbents were voted out by dissatisfied electorates. At the same time, nations and corporations are grappling with the risks posed by rapid technological advancements. Amid these disruptions, global cooperation has flatlined after nearly a decade of progress.
The Global Cooperation Barometer, published by the World Economic Forum in partnership with McKinsey & Company, offers insights into these approaches.
Where do you believe global cooperation is most urgently needed?
Spencer Feingold
January 7, 2025