The Third Danube Geopolitical Summit - DAY 1 - PANEL2

PANEL TWO: GEOECONOMICS

In 2022, the global inflation rate stood at 8.75%, the highest annual increase in over 25 years. Shutdowns from COVID and the subsequent realization that Western reliance on China for key components held inherent risks, similar risks revealed by the war in Ukraine and Western reliance on Russia for gas, and a rise in mechanical and digital automation through artificial intelligence have all contributed to the tumultuous economics of the present day. Can stability be restored? And if so, what will it take to do it?