by David Baverez
Purchase
The year 2022 marked a generational break. Russia’s war against Ukraine and the 20th Congress of the Chinese Communist Party ended a thirty-year cycle that began in 1989 with the fall of the Berlin Wall. The war economy succeeded the peace economy, and the Earth was transformed into a “planet of chaos“. War has become a hybrid, merging business and geopolitics.
While China has been preparing for this new Cold War for ten years, will our Western democracies be able to adapt? David Baverez calls for a collective awareness of the changing international balance of power. And at a time when companies are having to contend with profound shifts in value, he suggests measures they can take to rapidly deal with chaos and ensure their survival.
About the author
David Baverez is a private investor, based in Hong Kong since 2012. Previously, he spent 15 years as a fund manager, first at Fidelity Investments in London and Boston, then became the founding partner of KDA Capital, a European equity fund, until 2010.
Welcome to the war economy! was first published in France in 2024 as Bienvenue en économie de guerre ! (Novice). He is also the author of China and Europe – the Turning Point (Westphalia Press, 2022) and Beijing Express (Westphalia Press, 2017), as well as being a regular columnist for two French daily newspapers L’Opinion, and Les Échos.
Westphalia Press 