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BRICS+ and contested global leadership: implications for investment management

April 2025

This publication is issued by the Pictet Research Institute.

Authors

Maria Vassalou, PhD
Pictet Research Institute

Chris Alden, PhD
London School of Economics

The second study of the Pictet Research Institute explores the rise of the BRICS+ coalition as a counterweight to the G7 amid shifting economic dynamics. It examines how BRICS+ challenges the Western-led international system and the implications for investment strategies in a polarised world. The research emphasises the need for a thematic and active investment approach as new growth drivers like technology, energy supply, resources and productivity advantages reshape the global economic landscape.

The critical role of US debt sustainability in the world financial architecture

September 2024

This publication is issued by the Pictet Research Institute.

Authors

Maria Vassalou, PhD
Pictet Research Institute

John Donaldson, PhD
Columbia University

This first paper delves into the complexities of the US debt-to-GDP ratio, exploring its sustainability in the context of the United States' unique position in the global financial architecture and geopolitical order. This research provides critical insights into how the US can maintain its economic stability and what the potential risks are if current trends continue.

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