This article is published in association with IMF. Richard Allen Of course there should be, but they are usually ignored. Obvious examples are the potential liability of government in legal cases, or the maximum tolerable wage increase in negotiations with labor unions. There is also a question of potential information overload. The Open Data Charter for […]Should there be any Limits to Fiscal Transparency?
June 18, 2024 by Leave a Comment
This article is published in association with IMF. Richard Allen Of course there should be, but they are usually ignored. Obvious examples are the potential liability of government in legal cases, or the maximum tolerable wage increase in negotiations with labor unions. There is also a question of potential information overload. The Open Data Charter for […]Policy Challenges and Bringing Down Public Debt
June 11, 2024 by Leave a Comment
This article is published in association with IMF. Opening Remarks by Deputy Managing Director Kenji Okamuraat the Fiscal Policy and Sovereign Debt Conference Good morning and welcome to our conference on “Fiscal Policy and Sovereign Debt.” I would like to begin by thanking our co-hosts: the Center for Advanced Research in Finance at the University […]European Central Bank cuts interest rates, and other economics stories to read this week
June 10, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. 1. European Central Bank cuts interest rates The European Central Bank (ECB) has cut interest rates by 25 basis points, lowering its deposit rate to 3.75%. This had been at a record high and saw the ECB joining the likes of Canada, Sweden and […]Digitalization is disrupting global trade – here’s how AI can help customs and businesses to respond
June 6, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sebastian Klotz, Manager, Tax and Legal Technology Team, PwC Switzerland, Steve Barr, Global Director, Industry Digital Strategy, Microsoft, Jimena Sotelo, Lead, TradeTech, World Economic Forum Global trade has evolved remarkably in recent decades. Not only has the volume of cross-border trade […]TradeTech is revolutionizing global trade
June 6, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Technology driving impact on trade. Technology is playing a pivotal role in reducing trade friction. During COVID-19, technological advances – such as e-commerce, digital payments, cloud computing, the Internet of Things (IoT) and 5G – significantly disrupted international commerce. […]Why investing in nature makes ecological and economic sense
June 5, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Razan Al Mubarak, President of IUCN and United Nations Climate Change High-Level Champion for COP28, United Nations Nature is our lifeline. Our forests and the ocean are the lungs of the planet, not only regulating our climate but […]9 ways national security and economic cooperation are evolving
June 4, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Lacey, Head, Digital Trade and Geopolitics, World Economic Forum, Don Rodney Junio, Project Lead, Digital Trade, World Economic Forum Rising geopolitical tensions and efforts to pursue de-risking have seen national security assume a more prominent place in […]‘Cautious optimism’: Here’s what chief economists think about the state of the global economy
May 29, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Aengus Collins, Head, Economic Growth, Revival and Transformation, World Economic Forum, Kateryna Karunska, Insight Lead, Economic Growth, Revival and Transformation., World Economic Forum Despite geopolitical tensions and lingering economic headwinds, the outlook for the global economy is improving. […]What is needed for inclusive and sustainable global economic growth? Four leaders share their thoughts
May 27, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Liam Coleman, Senior Writer, Formative Content The ubiquitous nature of global warming means a just energy transition is essential. But how do we balance that need for decarbonization alongside the need for growth? That was a key discussion […]US jobs market, Japanese inflation and other economics stories to read
May 27, 2024 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. US labour market remains strong The number of Americans filing new claims for unemployment benefits fell last week, suggesting strength remains in the labour market. It was the second straight week of declines. […]What is needed for inclusive and sustainable global economic growth? Four leaders share their thoughts
May 24, 2024 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Liam Coleman, Senior Writer, Formative Content The ubiquitous nature of global warming means a just energy transition is essential. But how do we balance that need for decarbonization alongside the need for growth? That was a key discussion point […]US jobs market, Japanese inflation and other economics stories to read
May 24, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. US labour market remains strong The number of Americans filing new claims for unemployment benefits fell last week, suggesting strength remains in the labour market. It was the second straight week of declines. Initial claims […]How trade friction is slowing down the world’s shift to clean energy
May 24, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sverre Alvik, Vice President and Energy Transition Research Director, DNV The speed of the green shift will benefit from uninterrupted global trade, while cooperation also depends on trust between countries and regions for a reasonably fair competition. China […]5 ways that free trade can boost sustainable agriculture in Africa
May 22, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Adam Amoussou Africa has the potential to become the world’s powerhouse in the coming years. The continent is undergoing unprecedented changes, with the implementation of the African Continent Free Trade Area (AfCFTA) – which aims to eliminate trade […]Protecting the magic of travel – and local economies
May 22, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Topaz Smith, Project Lead, Travel and Tourism, World Economic Forum Each month tens of millions of global tourists come to Dumbo, Brooklyn – many of them to take photos of themselves at the intersection where the Manhattan Bridge […]Lessons learned from over three decades fighting poverty
May 21, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Vera R. Cordeiro, Chair of the Board of Directors and Founder, Dara Institute While I was working in the paediatric ward of a public hospital in Rio de Janeiro, in the late 1980s, I observed that many patients’ […]The ZiG: Zimbabwe rolls out world’s newest currency. Here’s what to know
May 20, 2024 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, Public Engagement, World Economic Forum Last month, Zimbabwe rolled out a new gold-backed currency called the ZiG, or Zimbabwe Gold, in an effort to mitigate the currency instability and hyperinflation that has plagued the […]Eurozone recovery begins and other economics stories to read
May 20, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda 1. Eurozone shows signs of slow recovery The Eurozone economy grew by 0.3% in the first quarter of 2024, indicating a slow recovery after six quarters of stagnant or negative growth, Eurostat […]Global financial stability at risk due to cyber threats, IMF warns. Here’s what to know
May 16, 2024 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, Public Engagement, World Economic Forum, Johnny Wood, Writer, Forum Agenda Global financial stability is under threat from the increasing frequency and sophistication of cyberattacks, according to a new report by the International Monetary Fund (IMF). The […]UK leaves recession with fastest growth in 3 years, and other economics stories to read
May 13, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda 1. UK’s economy grows at fastest pace in 3 years The UK has emerged from recession with its fastest economic growth in almost three years, as GDP increased by 0.6% in the first quarter of […]Geopolitical rivalries are costly for global businesses. Here’s why – and what’s at stake
May 13, 2024 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, Public Engagement, World Economic Forum International trade is under extraordinary pressure, experts warn, as crises ranging from continued supply chain disruptions to heightened geopolitical rivalries compound stains on the global economy. Moreover, the merits of […]Earth observation will unlock huge economic and climate value for these 6 industries by 2030
May 7, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Brett Loubert, US Principal and Deloitte Space Leader, Deloitte, Bridget Fawcett, Head, Sustainability and Corporate Transitions, Investment Banking, Citi, Helen Burdett, Head, Technology for Earth, World Economic Forum Every day, more than one thousand satellites capture detailed images […]Cryptocurrency regulations are changing across the globe. Here’s what you need to know
May 3, 2024 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, Forum Agenda Cryptocurrency has often been synonymous with a lack of regulation. However, this is rapidly starting to change, with governments around the world now considering rules for digital currencies. Regulation for crypto assets […]Revitalizing the future economy: Critical mineral derivatives could bring stability
April 30, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Reese EpperMaster’s student | Mineral and Energy Economics program, Colorado School of MinesBrad HandlernResearcher and Program Lead, Sustainable Finance Lab, Payne Institute for Public Policy, Colorado School of Mines,Morgan Bazilian, Director, Professor of Public Policy, Payne Institute for […]A new economic partnership is emerging between Africa and the Gulf states
April 29, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Chido Munyati, Head of Regional Agenda, Africa, World Economic Forum This week, Bola Tinubu, the President of Nigeria, Paul Kagame, the President of Rwanda, and over 35 ministers from across Africa participated in the Special Meeting on Global Collaboration, […]How can we bridge the gap between economic fact and economic sentiment? A new report sheds light
April 23, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pedro Conceição, Director, Human Development Report Office, United Nations Development Programme (UNDP) In some countries, there is a persistent gap between data showing improving economic conditions and negative perceptions about the economy. By some measures, those negative perceptions […]IMF says global economy ‘remains remarkably resilient’, and other economics news
April 22, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. IMF says global economy ‘remains remarkably resilient’ The International Monetary Fund (IMF) has released its latest World Economic Outlook, projecting that growth will remain steady at 3.2% this year and next. The […]4 innovations helping the fashion industry embrace the circular economy
April 19, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Forum Agenda Secondhand clothing has come out of the closet, with the sector on-track to account for 10% of the global fashion market in 2024. The negative associations around buying used garments are gone, as […]The road less traveled: Achieving business success in frontier markets
April 18, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lisa Satolli, Project Lead, Humanitarian and Resilience Investing, World Economic Forum Frontier markets are home to the poorest two-thirds of the global population. With significantly fewer economic resources, these populations are much more risk-averse, making them less inclined […]Private climate finance: 4 things to consider
April 18, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laia Barbarà, Acting Head, Climate Strategy, World Economic Forum, Ameya Hadap, Specialist, Climate Innovation, World Economic Forum Recognizing the importance of private sector engagement in the climate fight, governments worldwide have begun implementing policies and incentives to catalyze […]Inclusion in US financial services is at an all-time high – and tech can take us further
April 15, 2024 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 Hope Bryant, Founder, Chairman & CEO, Operation HOPE Technology drives inclusion in financial services. It facilitates widespread education, accessibility and affordability that were previously reserved for a wealthy few, opening doors and breaking down barriers worldwide. Digital […]The latest from the IMF on the global economy, and other economics stories to read
April 15, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. IMF warning about domestic shocks in the G20 and persistent low growth The International Monetary Fund has released insights from its upcoming World Economic Outlook report. The IMF warns that domestic shocks […]Explainer: What is a living wage and how is it different from the minimum wage?
April 10, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Forum Agenda Living wage initiatives are attracting growing interest globally. That’s why the International Labour Organization (ILO) has agreed on a formal definition for a living wage and endorsed living wage policies. “Decent wages […]
