Top ten trends to watch in 2025
The Parthian Economic Discourse 2024 (PED24) brought together leading economic experts, policymakers, and business executives to deliberate on the future of Nigeria’s economy. Bismarck Rewane, Non-Executive Director at Parthian Partners offered a compelling analysis of Nigeria’s macroeconomic outlook for 2025. From Mr. Rewane’s insightful presentation, here are the key trends to watch in 2025: 1. America’s Choice: Trump’s victory will impact immigration, the economy, and trade, driving geopolitical shifts, heightened tensions, and even concerns over nuclear proliferation. 2. Broader Disorder: America’s transactional stance and foreign policy skepticism may embolden China, Russia, Iran, and North Korea to engage in more disruptive behavior. 3. Tariffying Prospect: With Trump imposing restrictions and escalating tariffs, America’s rivalry with China could result in an intensified trade war, potentially involving other allies. 4. Voters Expect Change: 2025 will be a year of high expectations. Will new leaders deliver on their promises? If not, political unrest and public dissatisfaction may follow. 5. Clean-Tech Boom: A Chinese-led surge in clean technology adoption, including solar panels and grid storage, is expected to outpace forecasts. 6. After Inflation: Western economies will face tough decisions: balancing deficits through higher taxes, spending cuts, or strategic growth initiatives. 7. Crunch Time for AI: Over $1 trillion is being invested in data centers to support AI advancements, making 2025 a pivotal year for the technology. 8. Age-Old Questions: Discussions around age limits for political leaders are likely to intensify. Meanwhile, a booming youth population in the Middle East, coupled with job shortages, poses risks of instability. 9. Travel Troubles: Global aviation may face increasing disruptions due to geopolitical conflicts and instability. 10. Life of Surprises: Expect the unexpected in 2025: from a devastating solar storm and the discovery of lost ancient texts to the potential emergence of another global pandemic.
From Mr. Rewane’s insightful presentation, here are the key trends to watch in 2025:
1. America’s Choice: Trump’s victory will impact immigration, the economy, and trade, driving geopolitical shifts, heightened tensions, and even concerns over nuclear proliferation.
2. Broader Disorder: America’s transactional stance and foreign policy skepticism may embolden China, Russia, Iran, and North Korea to engage in more disruptive behavior.
3. Tariffying Prospect: With Trump imposing restrictions and escalating tariffs, America’s rivalry with China could result in an intensified trade war, potentially involving other allies.
4. Voters Expect Change: 2025 will be a year of high expectations. Will new leaders deliver on their promises? If not, political unrest and public dissatisfaction may follow.
5. Clean-Tech Boom: A Chinese-led surge in clean technology adoption, including solar panels and grid storage, is expected to outpace forecasts.
6. After Inflation: Western economies will face tough decisions: balancing deficits through higher taxes, spending cuts, or strategic growth initiatives.
7. Crunch Time for AI: Over $1 trillion is being invested in data centers to support AI advancements, making 2025 a pivotal year for the technology.
8. Age-Old Questions: Discussions around age limits for political leaders are likely to intensify. Meanwhile, a booming youth population in the Middle East, coupled with job shortages, poses risks of instability.
9. Travel Troubles: Global aviation may face increasing disruptions due to geopolitical conflicts and instability.
10. Life of Surprises: Expect the unexpected in 2025: from a devastating solar storm and the discovery of lost ancient texts to the potential emergence of another global pandemic.
