Tri Polar World
Originally conceived as a response to the Great Financial Crisis (GFC), the Tri Polar World (TPW) thesis argues that globalization as we knew it died in 2008 and nationalism was unlikely to succeed. Instead, regional integration in Asia, Europe & the Americas would be the way forward for the global system. Jay developed three main drivers to this regional integration: each region’s growing ability to self finance (think of the growth of China’s capital markets), self produce (think of robotics, mass customization, 3D printing) and self consume (urbanization, service sector economy and of course e-commerce). Last year, Jay added each region’s growing ability to self innovate and self protect to incorporate the role of technology (think Splinternet) and climate change (think ESG, EV). The TPW is a living, evolving proprietary framework; its evolution will drive economics, politics, policy and markets in the coming decade providing TPW Advisory clients with investable insights across and within markets, both public and private.