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 […]

Why responsible consumption is everyone’s business

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bibi la Luz Gonzalez, Founder, Eat Better Wa’ik Your closet. Your desk. Your drawers. Your private spaces never to be seen by guests or colleagues. These are the areas where we accumulate stuff. And they are where each one […]

Here’s how to close the $176 billion health financing gap

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Matthew Guilford, Co-Founder & CEO, Common Health & Dr. Christoph Kurowski, Global Lead for Health Financing, World Bank Group The question of how we pay for healthcare has taken centre stage on the global agenda. US presidential candidates are […]

These countries are leading the way in green finance

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katharine Rooney, Senior Writer, Formative Content What if more money went into financing projects and policies that help the planet? Creating a greener economy requires significant investment, whether that is funding a new network of electric buses, the creation […]

How one change to shipping goods could change the way we live

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Seltz-Axmacher, Founder and Chief Executive Officer, Starsky Robotics Between 191 BC and 1915, it became 10,000 times more efficient to move a ton of grain from Egypt to Rome. But the last 20 miles, from the seaport to […]

The new crisis is already creeping into the financial system

Unquestionably, everything is wrong in the international financial system, even though the major central banks have actually donated trillions to the banking ‘community’. The US central bank, the Fed, has lent almost free of charge $4.5 trillion to the American banking hub. On this side of the Atlantic Ocean, the European Central Bank has done […]

Transparency and tech together can safeguard taxpayers’ money

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Silvina Moschini, Co-founder, TransparentBusiness, Inc. Fraud, waste and abuse of taxpayers’ money in government procurement is unfortunately far too common across the globe. In the US alone, the government spent $4.11 trillion in 2018, with $400 billion of that […]

Why a global recession isn’t inevitable

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Beñat Bilbao-Osorio, Senior Economist, European Commission’s Directorate-General for Research and Innovation The end of this week will showcase two important events for global economic governance. First, central bankers, leading academics and representatives of international organizations from around the world […]

These are the countries with the highest inflation

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 rate of inflation has a big impact on your financial situation, affecting mortgage payments, savings and the cost of your weekly shopping. How the price of goods and services we regularly spend […]

Can we create an empathic alternative to the capitalist system?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Murilo Johas Menezes, Expert in the future of long-term investing and social innovation, World Economic Forum Any attempt to propose a detailed alternative to the capitalist economic system in a short article could be seen as somewhat presumptuous. […]

How is the global economy fairing 11 years after the financial crisis?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gita Gopinath, Chief Economist, International Monetary Fund (IMF) Following the global financial crisis, overall current account surpluses and deficits fell sharply from about 6 percent of global GDP in 2007 to about 3.5 percent in 2013. Since then, as […]

5 things weighing on the world economy, according to the IMF

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rosamond Hutt, Senior Writer, Formative Content “Sluggish and precarious. But it doesn’t have to be this way because some of this is self-inflicted.” That’s how the International Monetary Fund’s (IMF) Chief Economist Gita Gopinath recently summed up the state […]

These 5 industries can drive digital financial inclusion

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dan Salazar, Director, Mastercard & Carlos Monteverde, Product Manager, Mastercard What good is a hammer without a nail – or, for that matter, without a piece of wood? A hammer can be a powerful tool, but alone, it’s just […]

Can cybersecurity offer value for money?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Paul Stokes, Co-founder, Managed Security Forum, Prevalent AI Cybersecurity looks like a waste of money. Companies set new global records with $37 billion invested in security in 2018, with spending expected to surpass $42 billion by 2020. Gartner research found […]