Scenario one
Pervasive Protectionism
Regulatory fragmentation and increased protectionism
Our first scenario imagines a world in 2035 of increased polarisation in which US-China economic decoupling deepens significantly, global trade becomes fractious and uncertain, and the World Trade Organization (WTO) stops functioning. The context for the following scenario is real; the scenario itself is hypothetical.
Beyond the Horizon: Disputes Reimagined