Senior Practice Director

Thomas leads Global Counsel’s macro team. He joined Global Counsel from the World Bank, where he was a consultant, focusing on country strategy in the Middle East and North Africa. He has also worked for a member of the German Bundestag, and a research project of the National Bureau of Economic Research.

Thomas advises clients on macroeconomic and geopolitical developments, in particular in Europe, the Middle East and North Africa. He provides strategic advice for clients with an interest in the Gulf, and helps European corporates understand sanctions, political risks and commercial opportunities in Iran. He has also helped investors in the energy sector assess political and macroeconomic risks in North Africa. Thomas also supports Global Counsel’s Brexit work with macroeconomic analysis and covers European political developments with a focus on Germany. Besides native German, he also speaks French and is conversant in Arabic.

Latest Insights by Thomas Gratowski

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Position for uncertainty: global macro themes for 2024

General Policy

The world is undergoing rapid change, but the direction of developments is not always obvious. This is especially so in 2024. Our ten macro themes reflect this reality. Governments, corporates and investors around the world will have to deal with an uncertain environment and ensure they are prepared for a wide range of outcomes and risks.

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General Politics

Declining private investment casts shadow over China’s economic outlook

General Politics

A GC team has just returned from Hong Kong, where we held discussions with a series of private domestic and foreign investors about the outlook for China. Many pointed out how private investment, from both domestic and foreign sources, is declining just as China needs more of it. Geopolitics is partly to blame, but an uncertain domestic political environment is also…

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