A changing global economic context
Inflation has soared to a 40-year high, driven by the confluence of geopolitical uncertainty after Russia’s invasion of Ukraine, and the aftermath of a global pandemic.
Supply chains have struggled to readjust to the rapid recovery in demand after lockdowns were lifted around the world.
At the same time, the recovery from the pandemic has created tensions in the labor market, with demand for workers in key sectors growing faster than supply. Russia’s invasion of Ukraine has generated the worst energy emergency since the Middle Eastern crisis of 73 and 79, while the global food chain is also facing a severe disruption.
These factors, among others, are adding pressure to mid-sized businesses, some of them still recovering from the impact of the pandemic.
In the following series, we will analyze some of the most relevant changes our clients and investors are facing and how they can build resilience to ensure growth.