Across the Western world, geopolitical instability has exposed dependencies formed through the internationalization of trade. North American and European nations, especially those mired by productivity issues, have felt the constrictive effects of deglobalization more strongly than others, instigating a rethink of how government spending should be prioritized.
If there is any silver lining to this shift in mindset, it is that security and productivity issues share some common solutions. More recently, we have seen governments unveiling large-scale spending programs to deliver hard assets and infrastructure, placing a welcome emphasis on infrastructure delivery that has been historically neglected for some time.
But is it enough? Despite efforts to ramp up i
