Geopolitical instability and elections have strategists wary of 2024


Israeli soldiers transfer detained Palestinians out of the Gaza Strip on November 20, 2023, as battles between Israel and the Hamas movement continue.

Gil Cohen-magen | AFP | Getty Images

Geopolitical risks will be the key threat to the economic outlook for 2024, as large-scale wars converge with a slew of pivotal elections across major global powers.

As the world’s financial institutions map out the investment landscape for next year, they expect an increasingly fraught geopolitical backdrop and greater divergence across key regions, compounding uncertainty and market volatility.

In a global risk survey carried out among 130 businesses last month by Oxford Economics, almost two fifths of…


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