This year has brought disturbing developments that have left many of us worried about what 2017 might have in store. Brexit; the election of unconventional leaders such as Donald Trump and Rodrigo Duterte; a China flexing its muscles; wild swings in equity prices, currencies and bond yields; corruption scandals of various kinds; and the horrors of war in Aleppo and elsewhere have all taken their toll on us. But, as we say good riddance to the year that is ending soon, we should also take stock of all the forces that will shape the coming year, good as well as bad. And, when we do that, the prospects actually appear quite promising.

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