The world needs a circular economy. Help us make it happen

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Frans van Houten, Chief Executive Officer, Royal Philips & Naoko Ishii, Chief Executive Officer and Chairperson, Global Environment Facility The circular economy could be a $4.5 trillion business opportunity. Only 9% of the global economy is circular at […]

E-commerce is globalization’s shot at equality

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Henadi Al-Saleh, Chairperson, Agility Small businesses have global potential thanks to e-commerce. SMEs active on the internet export more than traditional businesses. Heightened economic activity can especially benefit women. Globalization got a bad rap in part because, by […]

We need better alignment between climate and trade. Here’s a roadmap

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Carolyn Deere Birkbeck, Senior Researcher, The Graduate Institute, Geneva; Senior Research Associate, Global Economic Governance Programme, University of Oxford & John W.H. Denton, Secretary-General, International Chamber of Commerce (ICC) Trade and climate policy-makers have worked in separate silos […]

The power of partnership: joining forces to fight financial crime

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 Financial crime is a complex and ever-evolving issue. 49% of global organisations victim of fraud or economic crime. Regulators, law enforcement and industry working together. We are living in a period of […]

Questions directors need to ask in the age of stakeholder capitalism

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Milton Cheng, Global Chair, Baker McKenzie & Beatriz Pessoa de Araujo, Partner; Head, Corporate Governance, Baker McKenzie & Julia Hayhoe, Chief Strategy Officer; Member of the Global Executive Committee, Baker McKenzie Shareholder capitalism is making way for stakeholder […]

Is corporation tax good or bad for growth?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jane McCormick, Partner; Global Head, Tax, KPMG & Christopher Morgan, Head of Global Tax Policy, KPMG Business requires a stable society to which it should contribute. Business pays taxes on production, people, property and environmental impact, as well […]

A win-win strategy for private equity deals

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: David Novak, Partner, Clayton, Dubilier & Rice LLP ⦁ Dealmaking is not a zero-sum game. ⦁ Sellers should select a buyer based on their view of the new owner’s ability to increase the value of the business. ⦁ […]

Financial services are changing. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael C. Bodson, President and Chief Executive Officer, Depository Trust & Clearing (DTCC) Disruptive technology is empowering financial services clients. APIs enable the development of financial services applications that can be customized to an organization’s needs. The industry […]

What wealth managers can learn from family dynamics

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Viola Steinhoff Werner, Founder, Young Investors Organization; Head of Global Next Generation and Families, Credit Suisse The next generation of wealth management clients are disrupting the industry. Wealth managers must include the next generation early on to understand […]

Financing fossil fuels risks a repeat of the 2008 crash. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jennifer Morgan, Executive Director, Greenpeace International To continue financing fossil fuel expansion is today’s equivalent of betting the bank – and the global economy – on subprime mortgage-backed securities over a decade ago; it is fuelling a crisis […]

How green investment will help Latin America and the world fight climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Luis Alberto Moreno, President, Inter-American Development Bank Climate change is having a dramatic effect on Latin America and the Caribbean. Most people in the region view climate change as a major peril. Costa Rica, Chile and 21 regional […]

Here’s how businesses can make the circular economy a reality

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alain Bejjani, Chief Executive Officer, Majid Al Futtaim Half of all existing plastic was manufactured in the last 13 years. Less than 10% of all plastic has been recycled. Corporations like Dell, PepsiCo, British Telecom and Majid Al […]

Here are 3 ways venture capital can fund a better future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Zachary Bogue, Managing partner and co-founder, DCVC Venture capital investment in artificial intelligence (AI), massive cloud computing, robotics and the application of molecular and biological science could reshape major global industries. “Deep Tech” offers an investment opportunity at […]

Why we need to rethink geo-economics to beat climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Abhinav Chugh, Content and Partnerships Specialist, Strategic Intelligence, World Economic Forum On Mousuni Island – a part of the Indian Sunderbans with a rich ecosystem and UNESCO World Heritage site status – the climate crisis has already threatened […]

How venture capital can transform global health

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dr Nina Rawal, Founder and Managing Director, Emerging Health Ventures Venture capital can turn scientific discoveries into consumer products for patients in LMIC. It has transformed the market for rare disease medicines, bringing huge benefit to patients worldwide. […]

The Fourth Industrial Revolution is redefining the economy as we know it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katica Roy, CEO, Pipeline The Fourth Industrial Revolution (4IR) upends current economic frameworks. Who makes money – and how – has changed. Demographics have changed. Even the skills that brought our society to where we are today have […]

This digital currency could build a more sustainable global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Liu, chief product officer, Fusion Foundation & Peter Lyons, Senior Adviser, Emerging Technologies, Lapa Capital Whether we are talking about trade and investment or banking and payments, stablecoins and the technology underlying them will be the building […]

Brexit update: can the UK General Election of 12 December 2019 lead to a Brexit extension to 2030?

Both Boris Johnson and Jeremy Corbyn are debating ahead of the general elections in the UK which will be held on December 12th, 2019. The polls show a clear advantage of the conservative party with Tories’ leader to offer a way out of the EU. UK business trembles about how things will evolve and is […]

To build a circular economy, we need to put recycling in the bin

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alexandre Lemille, Co-founder and general secretary, African Circular Economy Network Too often the concept of a circular economy is muddled up with some kind of advanced recycling process that would mean keeping our industrial system as it is and […]

The world’s economy is only 9% circular. We must be bolder about saving resources

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Janez Potocnik, Co-chair, International Resource Panel & Antonia Gawel, Head of Circular Economy Initiative, World Economic Forum The immense progress in human development over the past century has provided incredible opportunities for many, yet it has been largely fuelled […]

Why enterprise risk management is the future for banks

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jeffrey Brown, Partner, Oliver Wyman’s Risk and Organizational Effectiveness practices, Washington DC & Michael Duane, Partner, Oliver Wyman’s Financial Services practice & Til Schuermann, Partner and Co-Head, Oliver Wyman’s Risk and Public Policy practice Regulators and risk managers have […]

From start-up to scale: This is how governments can accelerate innovation and build inclusive economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content, Innovation is at the heart of economic growth and job creation. It can transform productivity and efficiency and address many of the world’s longstanding and emerging challenges, such as climate change, health, education and social […]

Why trade wars have no winners

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anahita Thoms, Partner, International Trade Practice, Baker McKenzie, Germany Public support for free trade is shrinking and the long-standing political consensus that trade liberalization is beneficial is under attack. The US in particular has recently shifted towards protectionism by […]

How to build a fairer gig economy in 4 steps

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mark Graham, Professor of Internet Geography, Oxford Internet Institute, University of Oxford You’ve probably heard at least two things about the gig economy.   First, that it’s big. In 2019, roughly one-in-10 workers in the UK earns a living […]

Here’s how a circular economy could change the world by 2030

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Leanne Kemp, Chief Executive Officer, Everledger Let me share my vision of 2030. By then, we are living in a global circular economy that has become ‘intentionally transparent’. This open mindset has released a surge in trust throughout the […]

Brexit update: Will the EU grant extention to Britain preventing economic chaos?

It was only yesterday when the British MPs voted in favor of Boris Johnson’s Brexit deal but rejected the three-day legislation timetable which would have speeded up the procedure and met the deadline of October 31st. However, it is up to the EU now to decide whether to provide another extention to the ongoing negotiations […]

These are the world’s 10 most innovative economies

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 What makes a country innovative? The excellence of its academic institutions? The amount it spends on coming up with new ideas or its willingness to work with a diverse mix of talent? All […]

Is this really it for the gig economy? Read on

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Not so long ago, our fates as future TaskRabbit handymen and Uber drivers seemed to be sealed. We were being told that freelance work in the “gig economy” would reshape careers, and even entire workforces in a way that […]

How private equity can fund the fight against climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jennifer Wong, Research Analyst, Private Investments – Impact, Glenmede Trust Company Technological advances in wind and solar now make renewable energy cost-competitive with traditional forms of energy generation. However, despite decreasing costs, renewables have not reached grid parity in […]

These are the world’s 10 most competitive economies in 2019

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Thierry Geiger, Head, Benchmarking Practice, World Economic Forum & Roberto Crotti, Economist, World Economic Forum Since 1979, the World Economic Forum has been taking the temperature of long-term economic growth and productivity in its Global Competitiveness Report. The 2019 […]

5 trends in the global economy – and their implications for economic policymakers

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Klaus Schwab, Founder and Executive Chairman, World Economic Forum & Saadia Zahidi, Managing Director; Head of the Centre for the New Economy and Society, World Economic Forum The Global Competitiveness Report 2019 is a much-needed economic compass, building on […]

Why the answer to a more sustainable future could lie within the platform economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gillian Tans, Chairwoman, Booking.com There is growing public urgency on issues such as climate change and calls for more sustainable solutions to secure a more positive future. Whilst legislators are mired in considerations of political practicality, sometimes unable to […]

Are we at risk of a financial crisis? Our new report takes a look

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Guy Miller, Chief Market Strategist and Head of Macroeconomics, Zurich Insurance Economic risks remain high, with the risk of a fiscal crisis taking top spot among executives, finds the latest Regional Risks for Doing Business Report from the World […]