A New Geo-Economic Reality

Efficiency-driven globalisation is giving way to a world shaped by power, security and industrial strategy, as nations redesign trade and supply chains around geopolitical risk

- SHISHIR PRIYADARSHI

The future of globalisation will be written not by markets alone, but by power, alignment and strategy.

The global economic order is undergoing one of its most profound shifts in decades. For much of the post-Cold War era, nations operated under an implicit assumption: that economic efficiency, comparative advantage, and universal rules would guide global trade and investment. But the world that produced the WTO, mega-FTAs, and hyper-integrated supply chains no longer exists. We are now in a phase where politics outweighs economics, where national security trumps market logic, and where states and corporations alike are redesigning their strategies through the lens of resilience, hedging, and geopolitical leverage.

This shift is not theoretical. It is visible in boardrooms, trade ministries, and manufacturing hubs around the world. The rise of industrial policy, the fragmentation of supply chains, and the politicisation of technology flows reveal a world reorganising itself around strategic priorities rather than efficiency metrics.