Global economic pressures are tightening, with major economies facing dwindling flexibility to respond to crises. While an immediate collapse is not imminent, experts warn that limited policy options and mounting challenges could restrict future adaptability. The interplay of long-term trends—such as debt levels, geopolitical tensions, and structural shifts—is leaving governments with fewer tools to navigate potential shocks. Understanding these constraints is critical as the world grapples with an increasingly fragile economic landscape.
We may not be on the eve of disaster but room for manoeuvre is shrinking for major economies
