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Scenario Thinking Applied to the Global Economic Outlook

December 31, 2011 Peter Schwartz, Jonathan Star, Nikhil Prasad Ojha

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The global economy faces serious risks of a second “great recession” if world leaders fail to cooperate on solutions to prevent “near-term economic divisions to devolve into deeper-seated geopolitical divisions,” write Peter Schwartz, Jonathan Star, and Nikhil Prasad Ojha in The Times of India newspaper. In this piece that demonstrates scenario thinking, the authors project the global economy is likely to go through a near-term period of low growth. The long-term prognosis then depends on the actions—or failures—of leaders to respond.

About the Authors

Peter Schwartz is a futurist and cofounder of GBN, a member of Monitor Talent.

Jonathan Star is Senior Practitioner at GBN.

Nikhil Prasad Ojha is Managing Partner of Monitor Group India.

Read the article at the Times of India website