Where is the global economy heading in 2023? Plus other economics stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Formative Content 1. Where is the global economy heading in 2023? The year ahead looks better than initially feared for the global economy, but remains fraught with risks, including the potential escalation of the war […]

Davos 2023: key takeaways for cities and local economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jeff Merritt, Head of Urban Transformation; Member of the Executive Committee, World Economic Forum Last week, nearly 3,000 global leaders – including over 350 government leaders and 47 heads of state – converged on the Swiss Alps for the […]

Davos 2023: key takeaways for cities and local economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jeff Merritt, Head of Urban Transformation; Member of the Executive Committee, World Economic Forum Last week, nearly 3,000 global leaders – including over 350 government leaders and 47 heads of state – converged on the Swiss Alps for the […]

At Davos 2023, IMF’s Georgieva urges monetary authorities to ‘stay put’ despite optimism

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Chris Hamill-Stewart, Freelance Editor, World Economic Forum, Gayle Markovitz, Business Editor, World Economic Forum The managing director of the International Monetary Fund (IMF) has urged the international community to stay realistic about the prospects of an economic recovery. At […]

Davos 2023: The state of global trade and investment

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joachim Monkelbaan, Lead, Climate Trade, World Economic Forum, Soumyajit Kar, Specialist, Sustainable Trade, World Economic Forum Trade and investment emerged as an overarching theme in this year’s Annual Meeting in Davos. Over the last 12 months, despite widespread inflation; […]

The outlook for 2023 is uncertain, but here’s what we know about the global labour market

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Allen Blue, Co-Founder and Vice-President, Products, LinkedIn While much has changed in the past 12 months, one constant is that the global labour market is tight – even by historic standards – and this trend looks set to continue […]

We’re on the brink of a ‘polycrisis’ – how worried should we be?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Torkington, Senior Writer, Formative Content The cascading and connected crises we find ourselves in at the beginning of 2023 demand a new descriptor to define the scale of the problems the world is facing. The war in Ukraine […]

What’s happened this year in the global labour market?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Ellerbeck, Senior Writer, Formative Content A raft of interconnected crises, compounded by the war in Ukraine and COVID-19 pandemic, are creating a worsening outlook for the global labour market, according to the International Labour Organization (ILO). The 10th […]

World Bank warns global economy could tip into recession in 2023 – and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content 1. World Bank warns global economy could tip into recession in 2023 The World Bank slashed its 2023 growth forecasts on 10 January to levels teetering on the brink of recession for many countries […]

The global economy is under pressure — but how bad is it? Two experts share insights

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, World Economic Forum The global economy is under pressure from multiple complex and interconnected crises. These challenges—which include inflation, climate change, the war in Europe, supply chain disruptions and the COVID-19 pandemic, to name a […]

How the financial sector can spur the industrial economy’s green transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Richard Ming-Hsing Tsai, Chairman, Fubon Financial Holding The Global Carbon Budget 2022 found few signs that carbon emissions are declining and warned that, at current emissions levels, there is a 50% likelihood that global warming would surpass 1.5°C in […]

5 levers for decarbonizing the global economy and tackling climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Schaible, Global Managing Partner, Roland Berger The ongoing economic crisis poses a potential gridlock for global decarbonization efforts. Why should business leaders give head space to sustainability targets when they are struggling to keep their businesses above water? […]

Gender equality in STEM can support a sustainable economy. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ebru Özdemir, Chairperson of the Board, Limak Holding We live in a rapidly changing world where vast technological advancements are announced almost daily. The so-called fourth industrial revolution is characterised by extraordinary technology and a digital transition. There is […]

The $300 billion cost of human inactivity

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 world faces an epidemic of avoidable diseases like cancer, diabetes, high blood pressure and dementia unless swift action is taken to persuade people to become more active, according to new analysis by […]

How much has been spent already to retreat from rising seas?

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 Taholah sits beside some of the most stunningly beautiful nature in the world, less than a three-hour drive from the corporate offices and crowded cafes of central Seattle. And most […]

Future of work: Why the new learning economy plus development equity is a successful formula

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Bailey, Co-Founder and Chief Executive Officer, ExecOnline Most of our current conversations related to the economy focus on what you would expect: continued uncertainty as we grapple with COVID-19 fallout; the potential impact of prolonged sociopolitical unrest; and, […]

How trade can help end plastic pollution

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Soumyajit Kar, Specialist, Sustainable Trade, World Economic Forum Government representatives are currently meeting in Uruguay to kickstart the first Intergovernmental Negotiation Committee (INC) on reaching an internationally binding treaty to end plastic pollution that the United Nations Environment […]

Why we need a gig economy that works for everyone

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anthony Beilin, CEO, Collective Benefits For many, the gig economy is not a helpful side hustle but a vital source of income. In the United States, 26% of independent workers say they take on this additional work to […]

Is a recession needed to end US inflation? Plus other news on the economy you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content 1. Is a recession needed to end US inflation? Inflation is at risk of becoming entrenched in the economy because of an overheated job market, making it difficult for the US Federal Reserve […]

Here’s how natural disasters impact middle-class incomes

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Regina Pleninger, Economist, World Bank Natural disasters have short- and long-term effects on the economy as well as people’s lives. For example, weather shocks and the resulting macroeconomic fluctuations cost the economy 0.3% of permanent consumption in New […]

Inflation’s paradigm shift, explained

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Matthew Blake, Head of Shaping the Future of Financial and Monetary Systems, World Economic Forum, Spencer Feingold, Digital Editor, World Economic Forum The global economy is under attack from an insidious force: inflation. How entrenched in the psyches […]

How the US Inflation Reduction Act will impact the economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Richa Sahay, Manager, First Movers Coalition, World Economic Forum The Inflation Reduction Act (IRA) is widely recognized as a compelling nudge from the US government to private sector and investors to decarbonize hard-to-abate sectors. It clears the path […]

How green services can enable circular economy in cities worldwide

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dimitris Karamitsos, Senior Energy Efficiency Business Developer Specialist, Basel Agency for Sustainable Energy (BASE), Carla Della Maggiora, Senior Climate Change and Environmental Finance Specialist, Basel Agency for Sustainable Energy (BASE), Shefali Rai, Project Specialist, C4IR India, Hugo Manticello, […]

What is government debt – and how is it paid back?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Read, Senior Writer, Formative Content Soaring government debt is a pandemic legacy we are going to be living with for years to come. Countries borrowed heavily as they struggled to keep their economies afloat while tackling COVID-19. […]

Here’s what you need to know about the global economy in 10 articles from the Forum

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tom Crowfoot, Senior Digital Marketing Apprentice, Formative Content 1. How to prepare for a new economic reality and protect the most vulnerable – experts explain The Forum’s latest Chief Economists Outlook Report suggests a global recession is “somewhat […]

The impact of capitalism on poverty maybe isn’t what you assume

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 The historical record is a bit fuzzy, but we seem to be nearing the 300th anniversary of the birth of Adam Smith, the Scottish philosopher lionized and villainized as […]

Why is inflation so low in Japan?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content Inflation of 3%. It’s something many of us may be dreaming of right now, but it’s a reality for those in Japan Its inflation rate stood at that level in August, putting […]

3 ways your business can build a community economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tiffany Xingyu Wang, Chief Marketing Officer, OpenWeb The way we interact online is undergoing a massive shift, away from an emphasis on creator-led content and towards more community-driven connection. Web3 is the next iteration of the internet, in […]

What we can learn about the future of digital assets regulation from recent US government reports

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sandra Waliczek, Blockchain and Digital Assets, World Economic Forum, Aiden Slavin, Project Lead, Crypto Impact and Sustainability Accelerator, World Economic Forum, Brynly Llyr, Head of Blockchain and Digital Assets, CISA, World Economic Forum On 16 September the White […]

What does a post-growth economy look like? One social entrepreneur explains

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lukas Bester, Freelance Researcher and Writer – World Economic Forum, Sustainable Development Consultant in Emerging Markets With global sustainability deadlines edging closer, social entrepreneurs and climate activists are looking to alternative and unexpected sources for solutions. Tariq Al-Olaimy, […]

Stakeholder Capitalism Metrics Initiative: over 120 companies implement the ESG reporting metrics

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. The impact of aligning ESG frameworks. Global challenges amplified by the COVID-19 pandemic have made Environmental, Social and Governance (ESG) issues even more pressing for policymakers, boards and executives. To promote alignment among existing ESG frameworks, the World Economic […]

Why decentralized finance is a leapfrog technology for the 1.1 billion people who are unbanked

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anna Stone, Corporate Social Responsibility, eToro; co-founder, GoodDollar Protocol, eToro No technology better exemplifies the “leapfrog technology” phenomenon than the mobile phone, whose adoption allowed even the most underserved communities to entirely forego the need to implement traditional […]