No jumping the line!

Globalization's integration path seems largely set

Jim and Sara Nuttle illustration from “America’s New Map”

Truly excellent piece in the Financial Times from the Chair of Rockefeller International Ruchir Sharma — with one weird blindspot, IMO, given his origins (New Delhi) and his amazing career as an investor and author of books on why countries fail or succeed.

I can’t touch any of this guy’s stated analysis, but let’s mess around with his overall logic anyway.

First he notes that major Northern economies (including China) are all on the wrong side of their demographic dividend. Check.

Then he calls out Africa as home to 1.5b and the source of “one in three of those entering the [global] workforce” in the 2030s.