New Delhi, May 9 -- The conflict in West Asia is triggering a structural shift in the global economy, with a leading economist warning that geopolitical disruptions are no longer temporary shocks but long-term forces reshaping trade, energy security, inflation, and investment patterns worldwide.
In an exclusive interview with UNI, celebrated economist John Sfakianakis said the biggest transformation underway is the "return of geography" as a defining economic constraint.
"For three decades, the global economy operated on the assumption that finance, insurance, and naval power could cheaply neutralize geography. That assumption is now breaking down," Sfakianakis said.
The Strait of Hormuz and the Red Sea have re-emerged as critical econom...