Over the last 100 years, the way we as people and our institutions interact within the global economy has massively shifted. In many ways, we have seen the onset of a third-wave of globalisation. With that, there comes large trade-offs in decision-making. There is a complex mix of opportunities and risks, and a growing awareness that strategic choices must consider long(er) time horizons. Decision-makers really must consider their supply-chains and their impact on the environment; the services they provide and the precedents they set; the need to diversify to guard against exogeneous shocks but at the same time, the importance of generating prolonged employment opportunities for communities far and wide.
