This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Necmettin Kaymaz, Senior Advisor, Investment Office of the Presidency of Türkiye, Aytug Goksu, Community Lead, Regional Strategies, Europe, World Economic Forum The Fourth Industrial Revolution presents both opportunities and challenges for attracting foreign direct investment (FDI) as it significantly […]Foreign direct investment in the era of new industrial revolution
June 5, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Necmettin Kaymaz, Senior Advisor, Investment Office of the Presidency of Türkiye, Aytug Goksu, Community Lead, Regional Strategies, Europe, World Economic Forum The Fourth Industrial Revolution presents both opportunities and challenges for attracting foreign direct investment (FDI) as it significantly […]Clean energy investment to hit $1.7 trillion – and other energy stories
May 31, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Roberto Bocca, Head of Energy and Materials, Member of the Executive Committee , World Economic Forum Geneva 1. New IEA report shows growth in clean energy investment Global investment in clean energy is set to hit $1.7 trillion this […]How to mobilise climate-smart agriculture finance
May 30, 2023 by 2 Comments
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Labanya Prakash Jena, Regional Climate Finance Adviser Indo-Pacific Region, The Commonwealth Secretariat, Prasad Thakur, Alumnus of IIT Bombay, IIM Ahmedabad Agriculture is a significant contributor to climate change, responsible for approximately 20% of global greenhouse gas (GHG) emissions and […]US and German GDP show consumers are central to recovery, and other economy stories you need to read this week
May 26, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda 1. Revised US and German growth data shows consumers hold key to recovery The US economy grew more than previously reported in the first quarter thanks to stronger consumer spending, while revised estimates […]The compelling reason why the financial sector must invest in boosting Earth’s biodiversity
May 23, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ribhu Ranjan Barua, Project Lead, Biodiversity Finance Initiative, World Economic Forum The world is experiencing a catastrophic fall in biodiversity. Not only is this an environmental disaster, it can also lead to financial ruin; $44 trillion of economic value […]What’s on the mind of these 3 chief economists?
May 22, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Robin Pomeroy, Podcast Editor, World Economic Forum, Kate Whiting, Senior Writer, Forum Agenda “It is a mixed picture overall.” So says Razia Khan, Chief Economist for Standard Chartered – and her view of the global economy is shared by […]How to finance the energy transition in Asia
May 19, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ayla Majid, Founder and Chief Executive Officer, Planetive The recent global energy dynamics have stimulated a rethink of the future of energy security and energy transition equations. There is greater recognition of building resilience, as different regions are required […]What lies ahead for the global economy? Economists give their views
May 15, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ian Shine, Senior Writer, Forum Agenda Uncertainty seems to be the only certainty left when it comes to assessing the global economic outlook. Economists are not just divided on the prospects of a worldwide recession in 2023, but they […]What kind of growth do we want? Why growth means different things to different people
May 5, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Gayle Markovitz, Lead Editor, World Economic Forum, Natalie Marchant, Writer, Forum Agenda Amid deep economic uncertainty and a jobs outlook that is set to be upended, leaders and experts at the Growth Summit called for inclusive, sustainable and resilient […]Global Alliance for Trade Facilitation streamlines international trade
May 4, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. The impact on improving trade efficiencies. The Alliance supports countries in implementing the World Trade Organization’s Trade Facilitation Agreement (TFA), which entered into force in February 2017. In voting for the landmark Agreement, WTO members realised its potential for […]What are the most significant economic impacts of higher interest rates? Chief economists explain
May 2, 2023 by Leave a Comment
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 In 2022, as inflation spiralled upwards around the world, central banks began a cycle of interest rate hikes in an effort to lower prices. The contractionary monetary policy mitigated inflation, but elevated […]Countries face a $100 billion finance gap to reach their education targets
April 28, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Forum Agenda Lower- and middle-income countries face a nearly $100 billion funding gap preventing them from achieving their education goals. More than a fifth of the financing required for countries to meet targets under UN […]The US economy could get worse before it gets better — here’s what you need to know
April 25, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gregory Daco, Chief Economist, EY-Parthenon The US economy is likely to get worse before it gets better, according to forecasting by EY. The combination of persistently elevated prices, high interest rates and now tightening credit conditions will weigh on […]International trade is evolving. But will it benefit workers?
April 21, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kitrhona Cerri, Executive Director, TASC Platform, Geneva Graduate Institute, Maria Mexi, Senior Advisor, Labour and Social Policy, TASC Platform, Geneva Graduate Institute Workers around the world are suffering the consequences of unprecedented disruption to international trade at the hands […]Here’s what the mixed economic messages mean for business
April 18, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer, Forum Agenda The ever-shifting global economy is never easy to keep up with – but with sky-high inflation rates and global supply chains still upended by Russia’s invasion of Ukraine, it can be harder than ever. […]IMF warns of weakest medium-term global growth outlook in 30 years, and other economy stories you need to read this week
April 17, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda 1. IMF warns medium-term growth outlook weakest in 30 years The global economy is heading for its weakest medium-term growth in more than 30 years as the world grapples with geopolitical fragmentation, slower […]How youth are driving the circular economy transition across the world
April 14, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bontu Yousuf, Specialist, National Platforms and Circular Economy, World Economic Forum, Sophia Simmons, Project Specialist, Climate and Environment, Global Shapers Community, World Economic Forum, Olya Van Houten, Associate, McKinsey & Company, Lead, Global Shapers Climate Action Steering Committee, Salma […]Eradicating extreme poverty by 2050?
April 7, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer, Forum Agenda How do you define and measure poverty and extreme poverty? Or, put another way, what standards are necessary for a basic living? The answer probably varies from country to country and it can be […]This is what happens when a bank shuts its doors
April 3, 2023 by Leave a Comment
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 Here’s one certainty about banks: there seem to be fewer around these days. Commerzbank nicely captured the existential tenor of the times when it recently updated its catalogue of potential […]Recession risks re-ignited by banking crisis, World Bank warns of ‘lost decade’ of growth, and other economy stories you need to read this week
April 3, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Forum Agenda 1. Banking crisis sparks recession fears Recession risks have been re-ignited by the recent banking collapses and rescue deals, and there are now concerns that global growth will weaken as the crisis heralds […]Will a global recession accelerate geopolitical fragmentation?
March 31, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dimitri Zabelin, Associate, LSE IDEAS Inflation continues to be the headline risk for investors and policy-makers. Countries are wrestling with shocks from the war in Ukraine, and the residual effects of domestic fiscal/monetary stimulus packages during the pandemic. As […]What is a rolling recession? And are we in one right now?
March 27, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer, Forum Agenda When is a recession not a recession? If that feels like a trick question, the answer – when it is rolling – also feels a bit tricksy. Traditionally, in the US, recessions are defined […]What is a bank run? And why does confidence matter for a bank?
March 21, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer, Forum Agenda Confidence is defined as the belief that you can have faith in, or rely on, something. The opposite – the feeling that something cannot be relied upon – can quickly take hold and spread, […]Circular economy in action: 9 examples of businesses and policy-makers accelerating the transition
March 20, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Megan Murdie, Editor and writer, Circle Economy Today, circularity has fallen from 9.1% to a meagre 7.2%. This means that of the more than 100 billion tonnes of materials extracted from the planet annually, only 7.2% are cycled back […]As digital currencies become more popular, could we be seeing the end of cash?
March 16, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Marion Laboure, Director – Macro Strategist, Thematic Research, Deutsche Bank Sweden, Brazil and China are among a handful of countries seeing an increasingly cashless society with the digitalization of money.Analysis suggests a general correlation between high-interest rates and less […]We need a new Bretton Woods moment, says António Guterres. What was the original Bretton Woods and what did it achieve?
March 13, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Forum Agenda “It is time for a new Bretton Woods moment,” according to United Nations (UN) Secretary-General António Guterres in his briefing to the UN’s General Assembly on Priorities for 2023 last month. Why? Because […]The World Bank: How the development bank confronts today’s crises
March 6, 2023 by 3 Comments
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Efrem Garlando, Community Specialist, International Organizations and Humanitarian Agenda, World Economic Forum A coming change in leadership at the World Bank has put the development bank back into headlines—and has sparked conversation about the institution’s efforts to confront 21st […]India’s economy stutters, Eurozone inflation falls less than expected, and other economy stories you need to read this week
March 6, 2023 by Leave a Comment
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. India’s economy stutters, but remains on track to lead world growth India’s economic growth slowed further in October-December, but the government is retaining its growth forecast of 7% for 2022-2023 – a […]Connectivity is essential for a more sustainable kind of globalization. Here’s why
March 3, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nicolas Aguzin, Chief Executive Officer, Hong Kong Exchanges and Clearing (HKEX) It wasn’t too long ago that Google searches for ‘deglobalization’ were reaching repeated new highs. COVID-19 had shut down supply chains and industries were seriously considering mass re-shoring […]Here’s what talks about a common currency for Latin America mean for globalization
March 1, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dimitri Zabelin, Associate, LSE IDEAS Argentina and Brazil recently announced preliminary plans to form a common currency known as the ‘sur’, meaning south, to be used in bilateral trade-related transactions in Latin America. For the time being, it would […]Why measuring the economic value of ecosystems is important
February 28, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Chunquan Zhu, Head, China Nature Initiatives, World Economic Forum Beijing, Siyu Wang, Operations and Communications Specialist, Tropical Forest Alliance, World Economic Forum Beijing Nature is free, yet its value can never be overstated. It gifts us with many benefits […]Global debt drops but hits record high in developing countries, plus other economy stories you need to read this week
February 27, 2023 by 1 Comment
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. Global debt drops for first time since 2015, but hits record level in developing countries The amount of debt in the global economy saw its first annual fall in dollar terms last […]The Circulars Accelerator 2023: Meet the 16 startups accelerating the transition to a circular economy
February 23, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Timothy Conley, Digital Engagement Specialist, World Economic Forum With less than a decade to deliver on the UN’s Sustainability Development Goals, the transition to the circular economy continues to be one of the most critical drivers for building a […]
