The World Ahead 2023

Future-gazing analysis, predictions and speculation


Welcome to The World Ahead 2023, our guide to the coming year. Our correspondents and outside experts consider the interlocking challenges facing the world: the war in Ukraine, high food and fuel prices, the fight against inflation, the transition to renewable energy, and China’s uncertain post-pandemic path. You can also watch a 60-second summary opposite. If you are not already a subscriber to The Economist you can unlock some of our content by registering.

If you’ve stumbled on this page in search of our predictions for 2024, head to The World Ahead 2024.

Editor’s letter

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Ten trends to watch in the coming year

A letter from Tom Standage, editor of “The World Ahead 2023”

Leaders

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Why a global recession is inevitable in 2023

The world is reeling from shocks in geopolitics, energy and economics

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Ukraine has a fighting chance in 2023

But it is still not clear how the war will play out


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Has China reached the peak of its powers?

Xi Jinping has set himself up for a difficult year


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Prepare for rising tensions between fiscal and monetary policy

Central bankers will remain hawkish in 2023

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How Putin’s war is causing global instability

Other strongmen must learn the right lessons

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A whole new global energy system is emerging

It involves some uncomfortable compromises

Companies must battle the beast of stagflation



Britain

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Can Rishi Sunak bring much-needed stability to Britain in 2023?

Britain’s fifth Conservative prime minister in six years settles in

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Britain is the sick man of Europe once again

The country will struggle to pep up its sluggish investment


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The British government will prioritise new energy streams

That means renewables and nuclear, but more oil and gas, too


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A momentous year looms for the cause of Scottish independence

Will Scots get a second vote?

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Many Britons expect an outbreak of civil disorder in 2023

Confidence in the police is declining

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Britain’s NHS faces huge challenges in 2023

Bed-blocking and staffing are some of the biggest problems



Europe

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Three scenarios for how war in Ukraine could play out

The best one for Ukraine is also the most dangerous

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Russia risks becoming ungovernable and descending into chaos

There is growing opposition to President Putin at home


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Fallout from the war in Ukraine will bedevil European diplomacy

An important country in the debate will be Italy


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The scourge of inflation means a tough year ahead for Europe

Economies face problems as energy prices and interest rates rise

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Turkey’s centenary could mark the end of the Erdogan era

The president faces elections just before the celebrations

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A change of government in Spain is likely but not inevitable in 2023

And the People’s Party will probably not win a majority



United States

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To understand America’s future, watch the four mega-states

California and New York on the left, Florida and Texas on the right

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American politics will be on a knife-edge in 2023

A divided government was not always a recipe for gridlock


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Donald Trump and Joe Biden both want to run again

But their parties may have other ideas


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A Ukrainian victory could bring benefits for America

It would also bring complications and dangers

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The American economy is set for a downturn, not a crisis

The coming recession looks likely to be mild

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America’s school-choice movement is gaining steam

Plenty of people are not happy about that





The Americas

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Lula’s second term as Brazil’s president will be difficult

The situation is more challenging than when he first took office in 2003

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Economic hardships mean that Cubans are voting with their feet

More are leaving as the Communist Party tightens its grip


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Parts of Latin America will shift to the right in 2023

Slow economic growth is a factor


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Mexico’s energy policy is bad for the country—and the planet

Uncertainty and a squeeze on private companies are deterring investors

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Is it the end of the war on drugs in Latin America?

The prohibition model espoused by the United States looks weaker than ever

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Mia Mottley on how to fight climate change together

A change in the international financial system would help



Asia

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The Indian economy remains a bright spot in South Asia

Other countries in the region may continue to struggle

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The cricket World Cup in India in 2023 will be more than just a game

It has become part of India’s political economy


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India is continuing on its path to majoritarian chauvinism

Narendra Modi will do everything to ensure a third term in office


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More misery looms for Afghanistan

Skilled at insurgency, the Taliban are struggling to govern

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Where might conflict flare up in 2023?

Keep an eye on Taiwan and the South China Sea—and the Himalayas

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Asian housing markets are looking precarious

It’s not just China




China

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China is struggling to adjust to new realities

Is Xi Jinping bold enough to set a new course?

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Will China’s economy ever overtake America’s in size?

Perhaps not, as the population peaks earlier than expected


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China’s tricky foreign relations pose a challenge to Xi Jinping

Tensions with America and Europe are just the start


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Will Taiwan be the Ukraine of Asia?

The status quo is breaking down, making war more likely

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China’s women are struggling to make their voices heard

New legislation is unlikely to help

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Feng Yuan says Chinese women’s anger is a force for change

The government is worried about too much activism



Middle East

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The Middle East’s complex web of alliances is evolving

Not least in relation to Israel

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Several oil-importing Arab states face debt crises in 2023

They will probably have to deal with growing unrest


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Russia’s influence in the Middle East is declining

The war in Ukraine has been bad for business


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It is hard to see a middle way prevailing in Iran

Either a crackdown or an opening up will come


Africa

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Demand for new sources of energy could help African economies

It could provide much-needed new revenue as hunger spreads

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2023 will be a busy year for elections in Africa

Many incumbents will come under pressure


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Nigeria’s economy will continue to struggle in 2023

A new leadership needs to implement widespread reform


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Vanessa Nakate says fighting climate change can cut poverty in Africa

The continent needs more renewable energy

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Eritrea is the most dangerous player in the Horn of Africa

The whole region is worse off than five years ago

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Kuseni Dlamini says Africa must better harness technology

It’s time for a continental reset



International

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India will become the world’s most populous country in 2023

China is now suffering from a demographic slump

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Climate change is likely to increase migration

But three-quarters of such migrants stay within their own country


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Climate diplomacy will continue to be a challenge in 2023

A third year of La Niña will cause problems, too


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How the war in Ukraine is reshaping America’s global alliances

There are signs of Europeans and Asian countries stepping up

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How The Economist’s predictions for 2022 stacked up

Two big misses, and some hits

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Global hunger is now more a problem of price than availability

As always, women and children are the worst affected



Special sections

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23 items of vital vocabulary you’ll need to know in 2023

Passkeys? Post-quantum cryptography? Vertiports? Get up to speed here

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What the “superforecasters” predict for major events in 2023

The experts at Good Judgment weigh in on the coming year


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Our cartoonist sketches the geopolitical birds to watch for in 2023

From Putin Horribilis to Zelenski Valourus


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Ten business trends for 2023, and forecasts for 15 industries

A global round-up from The Economist Intelligence Unit


Business

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Hydrogen hype is rising again—will this time be different?

Investors have been excited, and disappointed, before

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Big tech will benefit most from the meltdown

Size still matters in a downturn


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The downturn is unlikely to decimate Europe’s tech industry again

The whole ecosystem has changed


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Bosses are growing more desperate to get workers back to the office

Wine tasting? Or in-house nail bar, anyone?

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The tech war between America and China is just getting started

The industry is a vital battleground in their geopolitical rivalry

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Companies are expected to take a stand on more social issues

Investors, workers and customers are all becoming more activist



Finance and economics

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How does the past help us predict policy on inflation in 2023?

Taking away the punch-bowl

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Hopes for a post-pandemic productivity surge will be disappointed

There doesn’t seem to have been a boost in innovation, either


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Market performance in 2023 may depend on the extent of past misdeeds

What might the receding tide reveal from 2022?


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Can crypto survive its latest winter?

Finding a real use for it would help



Science and technology

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Psychedelic medicines are expanding into the public consciousness

Magic mushrooms are just the start

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Next-generation vaccines could make a difference in 2023

New variants are always lurking, though


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New spacecraft and missions to watch in 2023

From low-Earth orbit to the moons of Jupiter


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A reality check for the metaverse is coming

Is it really the next big thing? Watch this virtual space

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Sexual pleasure is increasingly seen as part of general well-being

Discussion of sexual well-being will become less taboo

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Electric “air taxis” hope to get off the ground in 2023

But first they must be cleared for take-off by regulators



Culture

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A Mumbai museum has a different way of looking at history

And a new model for global cultural co-operation

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After the pandemic, a feast of great art shows is coming

Everything from Vermeer and Picasso to a new museum in Ghana


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As Hollywood turns 100, movie consumption is being transformed

Users’ tastes and behaviours are changing faster than studios’ output


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2023 offers up an enticing variety of new films

Barbie, John Wick and Guardians of the Galaxy, to name a few

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Saudi Arabia is getting into film production

Saudiwood is betting big on Arab audiences

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Tall buildings are transforming Quito

The capital of Ecuador is a new playground for renowned architects



Obituary

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Supermarket cashiers move down the conveyor-belt to obsolescence

Unexpected item in bagging area

Podcasts

Podcast The World Ahead

How to forecast major events in 2023

In this future-gazing podcast series, we’re debating the key themes that will shape 2023—from geopolitics to climate change to economics

23:33

Podcast The World Ahead

Where should you look to see America’s political future?

In this future-gazing podcast series, we’re debating the key themes that will shape 2023—from geopolitics to climate change to economics

25:12


Podcast The World Ahead

India will become the world’s most populous country in 2023. So what?

In this future-gazing podcast series, we’re debating the key themes that will shape 2023—from geopolitics to climate change to economics

19:26


Podcast The World Ahead

How will China navigate its post-pandemic challenges in 2023?

In this future-gazing podcast series, we’re debating the key themes that will shape 2023—from geopolitics to climate change to economics

26:31

Podcast The World Ahead

What will be the buzzwords of 2023?

In this future-gazing podcast series, we’re debating the key themes that will shape 2023—from geopolitics to climate change to economics

23:25

Podcast The World Ahead

How will the energy crisis, triggered by the war in Ukraine, unfold in 2023?

In this future-gazing podcast series, we’re debating the key themes that will shape 2023—from geopolitics to climate change to economics

24:18