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 […]

Corruption is rife in the COVID-19 era. Here’s how to fight back

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tim Hanstad, CEO of the Chandler Foundation and Co-Founder, Landesa The pandemic has created conditions in which corruption can flourish. This can exacerbate and prolong the negative effects of this crisis. Here are three ways to start tackling […]

COVID-19 amplifies inequality. Fight back with long-term thinking

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Martina Björkman Nyqvist, Assistant Professor, Stockholm School of Economics & Michael Halling, Associate Professor of Finance, Stockholm School of Economics; Research Fellow, Swedish House of Finance & Maya Rebermark, Misum Director of Stakeholder Engagement, Stockholm School of Economics […]

To build back better, we must reinvent capitalism. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Peter Bakker, President and CEO, World Business Council for Sustainable Development & John Elkington, Executive Chairman and Co-Founder, Volans The pandemic has brought into focus many of the vulnerabilities in our systems and institutions. But it also offers […]

Remittances could fall by $100 billion because of COVID-19 – here’s why that matters

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Harry Kretchmer, Senior Writer, Formative Content Remittances – the money sent home by individuals to family and friends – are in crisis because of the global economic downturn. It comes after the total value of remittances reached $714 […]

To build a resilient world, we must go circular. Here’s how to do it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Naoko Ishii, Chief Executive Officer and Chairperson, Global Environment Facility & Frans van Houten, Chief Executive Officer, Royal Philips The best way to build resilience against future pandemics and the impact of climate change is to move to […]

Aluminium can help to build the circular economy. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Greg Barker of Battle, Executive Chairman of the Board of Directors, En+ Group & Anthony Robert Hobley, Executive Director, Mission Possible Platform, World Economic Forum A circular economy approach could reduce emissions from the production of key materials […]

This is how we can make a global green recovery – that also boosts the economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Formative Content Targeted policies and investment in renewables and energy efficiency could boost the global economy by 1.1%, according to a report from the IEA. Its Sustainable Recovery Plan would also save 9 million […]

3 challenges facing global gig economy growth after COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Yan Xiao, Project Lead, Digital Trade, World Economic Forum & Janette Chung, Product Director, Jobox.ai COVID-19 is accelerating the growth of the cross-border offline-to-online (O2O) gig economy. Cross-border payments need to catch up for the cross-border gig economy […]

Financial markets appear to have rallied. Here’s one way to mitigate further shocks due to COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ben Weisman, Project Lead, Financial Innovation, World Economic Forum & Matthew Blake, Head of Shaping the Future of Financial and Monetary Systems, World Economic Forum While fiscal, monetary, and regulatory policy-makers have moved quickly since March to preserve […]

Business leaders must now turn positive ESG talk into long-term results

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Claire Skinner, Regional Managing Partner, Heidrick & Struggles ESG funds are outperforming the broader market during the COVID-19 crisis. Leaders will face a challenge in convincing boards to translate positive sentiment into action, however. Communication and stakeholder management […]

The Great Reset needs great leaders to help the most vulnerable

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mahmoud Jabari, Community Specialist, Africa and the Middle East, World Economic Forum Ideals of a “global society” and a “great reset” will be tested over the coming months. The post-pandemic era will see economic disruption, with many countries […]

How the world can ‘reset’ itself after COVID-19 – according to these experts

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 The Great Reset is a new initiative from the World Economic Forum and HRH the Prince of Wales to guide decision-makers on the path to a more resilient, sustainable world beyond coronavirus. […]

‘Water-forecasting’ and fish farms fed on waste: how innovation is driving the blue economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Peter Beech, World Economic Forum writer Using waste food to farm insects as fish food; and high-tech real-time water quality monitoring: innovations that could help change global aquaculture, were showcased at the World Economic Forum’s Virtual Ocean Dialogues […]

How impact finance can alleviate COVID-19’s economic symptoms

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content The private sector is facing unprecedented difficulties in accessing finance at at a time when it is sorely needed. Gig workers and those on low incomes in emerging economies are among those […]