In a ruptured world, the currency that’s going to matter is trust - The EastAfrican
Author: Goolam BallimPublished on: July 16, 2026Country: Global
Business & EconomyWorld / International

The world is experiencing a geopolitical rupture with US industrial policy, European defense policy, Chinese technological self-sufficiency, and India's emergence as an alternative production hub. Despite inflation, wars, and supply chain tensions, the global economy has shown resilience. Comparative advantage is giving way to strategic advantage as nations seek to dominate key sectors like energy and AI. Goolam Ballim, an economist at Standard Bank, emphasizes that trust will become the new currency.
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