A Shift In Economic Power

This visual from visual capitalist looks at global economies between now and 2036. It tracks the shift in economic power across the years, dating back to 2006. This article provides color commentary. Below the visual is a chart projecting the top ten economies in 2031. The economic domain is one of our convergence areas, with the changing economic landscape contributing to our uncertain environment. In rehearsing the future, this domain is a critical area of focus. What are the implications to the future if the visual accurately depicts economic power shifts?

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The Journey: The Building Blocks Of The Future

My previous posts launched a series that will tell the full story of a reimagined future. Described as a journey through the looking glass, the story began with a series description and a look back in time. The series continues, with each post featuring a piece of our journey. We explored the extreme uncertainty of the future in the last post. In this post, I will now dive deeper into the building blocks of the future.

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The COVID-19 Economic Impact On China and a Glimpse Of The Future

COVID-19 has had a dramatic impact on China’s economy. Jenna Ross at Visual Capitalist describes how the effects on their economy could foreshadow what the rest of the world can expect. While China turns the corner on the health side of the story, the economic side is telling its story. This Article via the World Economic Forum uses visualization to tell this economic story. Countries in the early stages of the outbreak should take notice.

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Post COVID-19 Economic Recovery Scenarios

This Analysis by the Conference Board underscores how the trajectory of COVID-19 and the economic response over the next few months are uncertain. They developed three scenarios for the course of the US economy for the remainder of 2020. Focusing on future scenarios was already a critical imperative given the pace of change; the current pandemic just underscores the point. The analysis authors from the Conference Board are: Bart van Ark, Executive Vice President & Chief Economist, and Erik Lundh, Senior Economist. Here is an executive summary from the report:

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