Has the “Polycrisis” Overwhelmed Us?
Today’s global crises are not only competing for policymakers’ finite attention; they are increasingly feeding one another in unpredictable ways. Add the uncertainty around this year’s high-stakes elections in the United States and elsewhere, and you have a recipe for a Davos meeting defined by angst and paralysis.
DAVOS – This year’s World Economic Forum in Davos was even more exhausting and bewildering than usual. Politicians love to say that you should never let a crisis go to waste, but even they seemed overwhelmed by a conference agenda that aimed to capture the full sweep of today’s “polycrisis.”