This report examines how geopolitical risk increasingly operates through the systems that underpin the global economy: financial clearing, insurance markets, supply chains, digital infrastructure, and resource processing. While traditional analysis focuses on state competition, the decisive dynamics now lie in structural dependencies and chokepoints within these systems.
Mapping four emerging “fractures,” the report identifies divergences between how global systems appear to function and how they actually operate. These structural gaps - across finance, infrastructure, insurance, and governance - shape how shocks will propagate over the next 6–18 months and determine who has options when disruption occurs.
This report examines how geopolitical risk increasingly operates through the systems that underpin the global economy: financial clearing, insurance markets, supply chains, digital infrastructure, and resource processing. While traditional analysis focuses on state competition, the decisive dynamics now lie in structural dependencies and chokepoints within these systems.
Mapping four emerging “fractures,” the report identifies divergences between how global systems appear to function and how they actually operate. These structural gaps - across finance, infrastructure, insurance, and governance - shape how shocks will propagate over the next 6–18 months and determine who has options when disruption occurs.
