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A “global recession of freedom” is pushing back fundamental liberal values and jeopardizing democratic structures. From the USA to Europe, the symptoms are clear: social division, dysfunctional political processes and growing disenchantment with democracy.
The rise of an “autocratic axis” around Russia and China, which reject liberal ideas and act as a global “front against freedom”, is exacerbating the situation.
Our analysis examines the drivers of these alarming developments and sheds light on the possible consequences for the economy, society and capital markets. Find out more in the study “Globale Rezession der Freiheit – Die Selbstaufgabe der Demokratie und ihre gefährlichen Folgen”. The study is available in German in the download section.