Changing economic orders | Insight Investment

Key takeways

• There has been a long‑run shift in economic regimes, from Keynesian fiscalism to neoliberalism and towards a possible “neofiscal” era across money, trade, industry and labour.
• Geopolitics, trade fragmentation, industrial policy, technology and demographics are reshaping global power balances.
• These regime shifts affect policy choices and risks, including central bank independence, financial repression, the future of money, and the macro forces investors should watch as the global economic order evolves.