In its latest forecasts, the IMF signalled a slowdown in global growth, driven by “rising trade and geopolitical tensions that have increased uncertainty about the future of the global trading system and international cooperation more generally, taking a toll on business confidence, investment decisions, and global trade".1 This uncertainty comes at a time when economies have started to enter significant transitions, driven by developments in technology, in demography, and in the environment, to name three.
It’s about what makes a complex, yet successful relationship which does justice to the common and different goals and interests of the three parties.