Today’s investors need to understand geopolitical trends as a main driving force of markets. This book provides just that: an understanding of the interplay between geopolitics and economics, and of the impact of that dynamic on financial markets.
Rising temperatures and more frequent and extreme climatic events substantially increase the likelihood of violence in the affected regions, particularly if these regions are undergoing a societal or economic transition or don’t have the required infrastructure and resources to mitigate the impact of climate disasters.
Increased violence together with famines and rising poverty—all conspire to create large migrant flows from the poor countries of the global south to the rich countries in the north. Even within rich countries like the United States, migration from the south to the north is likely to materialize as climate change intensifies.
These migrant flows will put additional pressures on the resources and infrastructure of the receiving countries and create rising political pressures that are likely going to be similar to the ones we have seen in Europe and the United States in recent years.
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