Online Presentation and Group Discussion
It is now taken as read by most commentators that geopolitics and economics are
intertwined in a way that few could have predicted in previous decades. The likelihood of
business disruption coming from factors external to business – such as war, social unrest,
environmental catastrophe, and the resulting government intervention – is higher than it
has been since the 1970s.
Inevitably, this means that our annual economic updates must consider a broader and deeper range of factors than mere monetary and fiscal policy.
By the end of 2024, we will be halfway through a decade that has already brought us a variety of radical shocks. This shows no sign of abating. Alongside the aftermath of Covid, ongoing military conflicts, trade wars and a stubbornly stagnant world economy, we have the looming challenges of ageing populations, climate change and the shift to Carbon Net Zero taking place simultaneously in most of the advanced economies.
The companies that survive and thrive in this environment will be those that can scan, understand, anticipate, and respond to the challenges and opportunities in these volatile and increasingly unpredictable times. At a time when you will be refining your business and functional support plans for 2024, this event will provide a timely perspective on the probable economic context for those plans.
To provide us with insights into this rapidly changing picture, our speaker is a renowned economic commentator, who will help us to join the dots and provide a more rounded perspective on the direction of the global economy during the mid-2020s.
Chief Economist, KPMG
Yael is Chief Economist at KPMG in the UK and a Fellow at the National Institute of Economic and Social Research. She has been advising clients on the global economic outlook and its impact on their strategy for over 20 years. Her experience spans private sector clients across a wide range of industries and geographies, as well as public sector bodies. Her research looks at the impact major shocks, as well as new technologies, could have on the economy and on individual businesses. Her work at the National Institute of Economic and Social Research looks at ways to lift growth across UK regions. Yael is a regular commentator on economic issues in the media. She won City A.M. Analyst of the Year award in 2016 for the research she published on the outlook for interest rates, global trade and equity markets. She was named one of City’s 100 most influential women and one of Cranfield School of Management’s women to watch. She is a member of the Council of Management of SUERF and a Board member of NABE.