From Being ready for anything is top priority for 2023
In the past three years, the world has been rocked by a string of unexpected and epoch-defining events. Little wonder that executives, policymakers and financiers are anxiously scanning the horizon to work out what is coming next.At the start of 2020, many world leaders identified climate change and the shift from fossil fuels to renewable energy as the planet’s most pressing challenge. Within a few weeks, they were confronting a deadly pandemic.
Anyone trying to think about what 2023 will bring is confronted by a staggering array of possibilities. This is why many chief executives and investors have dispensed with forecasts, preferring to plan for a range of scenarios.
It is in this spirit that Breakingviews once again embarks on its annual effort to guide readers through the trends and events that might shape economies, corporate fortunes and asset prices in the year ahead. The aim is not to hit the bullseye of forecasting accuracy, but to offer a way to think about some of the decisions that may crop up in the next twelve months.
The first challenge is to narrow down the range of topics. Geopolitical questions loom large: like most occupants of corporate boardrooms, our columnists are pondering the effects of tensions between the United States and China, not just on supply chains for Apple’s
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