Can we automate our way out of the savings crisis?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Martha King, Chief Client Officer, Executive Vice-President and Head of the Infosys Retirement Services Center of Excellence, Infosys Limited & Mohit Joshi, President, Infosys Ltd • The world is facing a pensions crisis by 2050. • AI-assisted technology […]

Developed and developing financial markets are more similar than you think. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Daniel J. Barker, Director for Research, Mastercard Center for Inclusive Growth & Carlos Monteverde, Manager, Product Management, Mastercard As the economic divide grows between developed and developing markets, so do the opportunities for learning from one another. While […]

COVID-19 showed the importance of 5G for the economy and the environment

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Börje Ekholm, President and Chief Executive Officer, Ericsson Through COVID-19, connectivity has become an even bigger part of critical infrastructure, helping people in an unprecedented way work, study and socialize online. Looking forward, governments need to do more […]

Social enterprises can change entire industries. This is how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bas van Abel, Founder & Board Member, Fairphone & Wineke Haagsma, Director Corporate Sustainability, PwC & Stefan Panhuijsen, Director Social Enterprise NL, Board member Euclid Social enterprises have the potential to change entire industries. An example from the […]

For a true economic recovery, small businesses will need more support

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Brandon Magsamen, Principal , The Boston Consulting Group & Grigory Shutko, Platform Curator, Information Technology Industry, World Economic Forum Recent COVID/Tech activities have been skewed towards certain benefactor groups (eg, governments & individuals), and other groups (eg, business) […]

4 myths about corruption

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Formative Content 9 December is International Anti-Corruption Day. During COVID-19, corruption has seen funds diverted away from those in need, says the United Nations Secretary-General. From the prevalence of corruption in rich countries to […]

Should trade continue to be global after the pandemic?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Cooper, Chief Executive, Corporate, Commercial and Institutional Banking, Standard Chartered Bank The advantages China offers will not become available closer to home and the costs of reshoring are high and often prohibitive. Opportunities for global trade will […]

Why small farms are key to the future of food – and how we can support them

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gilbert Fossoun Houngbo, President, International Fund for Agricultural Development (IFAD) Small-scale farmers and rural populations are disproportionately among the poor and hungry. But they are also the best hope for increasing land productivity and crop diversity to feed […]

5 ways social entrepreneurs are helping farmers feed the world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pavitra Raja, Community Specialist, Social Entrepreneurs – Europe and the Americas, World Economic Forum The world is facing a food crisis that threatens lives and livelihoods around the globe, as well as our planet. Here are five innovative […]

5 ways the WTO can make investment easier and boost sustainable development

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Matthew Stephenson, Policy and Community Lead, International Trade and Investment, World Economic Forum The WTO is negotiating an international framework to facilitate investment for development. This effort was announced at the World Economic Forum in Davos in January. […]

Countries are piling on record amounts of debt amid COVID-19. Here’s what that means

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Letzing, Digital Editor, Strategic Intelligence, World Economic Forum Public debt levels and deficits have hit records during the pandemic. Many experts argue it’s a sound means to fund the recovery. Such borrowing has been further enabled and […]

The world’s poorest people are owed $5.7 trillion, says Oxfam

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Chema Vera, Interim Executive Director, Oxfam International • Last year, OECD members only gave 0.3% of their GNI to aid – less than the 0.7% promised. • 0.7% would help the world’s poorest countries meet the SDGs for […]

Chart of the Day: This is how the $88 trillion global economy is spread around the world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Formative Content Before COVID-19, the global economy stood at $88 trillion. But the pandemic has seen growth forecasts revised downwards and economies go into recession. In 2019, the United States had the biggest slice […]

Why the downturn is good news for subscription companies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Amy Konary, Chair, Subscribed Institute & John Pineda, Partner and Director, BCG The current downturn will accelerate the existing shift towards subscription-based business models. Companies thinking of making this move today face a critical choice: invest in building […]

How banks can help companies restructure for growth

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael Spellacy, Senior Managing Director, Global Capital Markets Lead, Accenture & Alan McIntyre, Senior Managing Director, Global Banking Lead, Accenture & Derek Baraldi, Head of the Banking Industry, World Economic Forum The banking industry has to walk the […]

Geopolitics and investment in emerging markets after COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alexis Crow, Global Head, Geopolitical Investing, PwC & Samir Saran, President, Observer Research Foundation (ORF) Investors could address gaps in critical infrastructure and provide options for a green future in emerging markets. Governments and central banks within some […]

To achieve the Great Reset, we will need more than just the actions of the powerful

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Janet Longmore, Founder and CEO, Digital Opportunity Trust (DOT) & Jonathan Jackson, Founder and Chief Executive Officer, Dimagi & Carolien de Bruin, Lead, COVID Response Alliance for Social Entrepreneurs, World Economic Forum & Amy Goldman, Chief Executive Officer […]

Why skills – not degrees – will shape the future of work

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Briony Harris, Senior Writer, Formative Content The nature of work and careers is changing fast – and in the future, the right skills will be prized over academic qualifications alone. The COVID-19 slowdown offers employers an opportunity to […]

Turning crisis into opportunity: How to finance a sustainable recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Briony Harris, Senior Writer, Formative Content The latest Great Reset virtual meeting looked at financing a sustainable recovery. Speakers looked at the work already done, the challenges that remain and the opportunities that exist to ‘build back better.’ […]

Financing economic recovery, written by United Nations Under-Secretary-General

This article was written for The European Sting by Ms. Armida Salsiah Alisjahbana, United Nations Under-Secretary-General and Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The opinions expressed in this article belong to our distinguished writer. As the socio-economic impacts of the COVID-19 pandemic spread across the length and […]

A top economist shares 3 ways leaders can help economies recover

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Briony Harris, Senior Writer, Formative Content OECD Secretary-General Angel Gurría discussed the organization’s latest economic outlook in a World Economic Forum Great Reset Dialogue. He warned against removing support too early and shortening supply chains. He also highlighted […]

How can impact investors balance the green energy equation?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ladislas de Guerre Manager, Impact Investing, KOIS Impact investors must be aware of both the positive and negative consequences of their activities. Clean energy sources all involve some environmental cost, such as disposing of equipment at the end […]

This is how to achieve a clean economic recovery that combats organized crime

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nadja Long, Senior Specialist, European Financial and Economic Crime Centre, Europol & Nick Maxwell, Head of the Future of Financial Intelligence Sharing, (FFIS) research programme & Che Sidanius, Global Head of Financial Crime and Industry Affairs, Refinitiv & […]

Why 2020 will see the birth of the ‘trust economy’

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bianca Ghose, Chief Storyteller, Wipro The effect of the pandemic on our working lives underscores the growing importance of trust. Successful remote working demands a greater level of trust, both in and between employees and employers. In the […]

Why it’s time to take central banks’ digital currencies seriously

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mohit Joshi, President; Head, Financial Services, Insurance, Healthcare and Life Sciences, Infosys Limited & Dixit Joshi, Group Treasurer, Deutsche Bank The introduction of central bank digital currencies could upend the global economic order. This technology could bring multiple […]

Here’s how a revamped wealth tax could fuel the COVID recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ibrahim Khan, Co-founder, IFG.VC and Islamicfinanceguru.com With COVID-19 support schemes increasing governments’ debt burdens, countries are in search of tax receipts. Wealth taxes mean the rich are taxed on the assets they own rather than their earnings. A […]

The World Bank’s 2020 country classifications explained

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content Seven countries have moved into a higher income bracket in the World Bank’s latest country classifications. Three have fallen. This year’s groupings could change radically once the effects of the pandemic are […]

New poll shows what people think coronavirus will do to their economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Andrea Willige, Senior Writer, Formative Content A YouGov survey uncovers wide variation in people’s economic circumstances and outlook ahead of the looming recession. The global recession is the biggest concern for people in all economies surveyed. Mexicans are […]

How COVID-19 can be the Great Reset toward global sustainability

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jeroo Billimoria, Founder, Child and Youth Finance International & Matthew Bishop, Boardmember and Founder, Social Progress Imperative, USA World leaders should embrace social entrepreneurs as partners in this crisis. Social entrepreneurs work collaboratively with many people worst served […]

Data is the new gold. This is how it can benefit everyone – while harming no one

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Derek O’Halloran, Head of Shaping the Future of Digital Economy and New Value Creation, World Economic Forum & Francisco D’Souza, Co-Founder, Cognizant; Fellow, World Economic Forum Digitalization is yielding vast quantities of data, which offer opportunities for business, […]

The great reset must place social justice at its centre

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mark Doumba, Managing Director, Enovate Capital Wealth needs to be more broadly redistributed. Governments will need to intervene more to ensure better and fairer outcomes from private sector investments. New institutions need to incorporate profound reforms to ensure […]

The Great Reset requires FinTechs – and FinTechs require a common approach to cybersecurity

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Seán Doyle, Project Lead, Industry Solutions, Centre for Cybersecurity, World Economic Forum Financial Technology (FinTech) providers are key to the structural enhancement of financial services during the Great Reset. Cybersecurity is critical to ensuring consumers and businesses can […]

This is what chief economists think about the global economy right now

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: David Elliott, Senior Writer, Formative Content The World Economic Forum’s latest Chief Economists Outlook asks 40 chief economists for their views on the post-pandemic recovery. It identifies three key emerging challenges facing governments and business leaders. The crisis […]