In the first of three themes explored in TMF Group's Global Business Complexity Index
2023 (GBCI), we look at the impact that global economic factors
such as inflation, employee attrition and the war in Ukraine are
having on business. We also examine how geopolitical challenges are
affecting the expansion and growth plans of companies around the
world.
Confidence in future economic stability has dropped since
2020
Since 2020, confidence in the economic stability of
jurisdictions over the next five years has been waning. Political,
geopolitical and social stability predictions have, however,
remained mostly stable. This is surprising given recent global
events, such as the Covid-19 pandemic, war in Ukraine and
unprecedented rates of inflation around the world.
