On June 23rd at 2 pm ET, Industry Week magazine will host a New World Economics webinar. During this webinar CEO Cliff Waldman will explain the company’s new metric of economic power. The components of the metric are the strength of economic growth, the durability of economic growth and the benefits of economic growth. All regions of the world and major countries within each region are ranked by each component of the NWE metric. The most economically powerful regions and most economically powerful countries within each region will be revealed.
Key takeaways include the shift of global economic power toward Asia, relative demographic advantages in Africa and the Middle East and Eurozone weakness. I discuss the impact of the pandemic on the balance of global economic power. The webinar concludes with a discussion of NWE’s power metric as an input to corporate decision making on location, supply chain and workforce.
