Henri-Paul Rousseau, president and CEO of the Caisse de dépôt et placement du Québec, said there are several threats to robust global economic growth.
He told the Chambre de commerce et d’industrie de la Rive-Sud in Longeuil, Quebec, that some of those threats are “related to short- and medium-term risks, such as instability in the Middle East and rising protectionism in certain regions of the world.”
“Others are longer-term,” Rousseau noted, “such as the demographic decline of the Western countries and environmental degradation.”
Fortunately, he said, management of these risks is improving globally as a result of increased international collaboration and co-ordination.
“Over the long term, the growth of emerging markets will represent a major challenge, but will also offer many business opportunities for Western nations.”
To comment on this story email craig.sebastiano@rci.rogers.com.