By: Professor Dato Dr Ahmad Ibrahim
The world economy faces at least two major risks. Climate change will disrupt all forms of the economy. Whilst, a shortage of key resources like energy, water, and raw materials will have no mercy on all businesses. We obsess over melting ice caps and dwindling minerals, yet ignore the rotting foundation beneath both. I am referring to a global leadership crisis so profound, it paralyzes humanity’s ability to solve any crisis. Resource depletion and climate change are catastrophic, but they are symptoms of a greater economic upheaval. The disease is a collapse of governance, courage, and vision at the highest levels. Evidence reveals why leadership failure is not just another risk. It is the multiplier dooming all other possible solutions.
Some refer to it as the paralysis of short-termism. Climate scientists warn we do not have much…