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 […]

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 […]

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 […]

India expected to be world’s fastest growing economy 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. India expected to be world’s fastest growing economy in 2023 India is set to be the world’s fastest growing major economy in the year ahead, as a post-pandemic retail boom and recent bank […]

How a climate-smart forest economy could help mitigate climate change and its worst impacts

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Daniel Zimmer, Director Sustainable Land Use, Climate-KIC The global population is rising, and cities, particularly, are taking the strain. Each week 1.5 million people move to urban areas. All these people need places to live and work and […]

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, […]

Has Eurozone inflation peaked? Plus 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: Ian Shine, Senior Writer, Formative Content 1. Has Eurozone inflation peaked? Eurozone inflation eased far more than expected in November, raising hopes that surging price growth is past its peak. But the European Central Bank’s (ECB) top names […]

How Web3’s ‘programmable commerce layer’ will transform the global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Justin Banon, Co-Founder, Boson Protocol, Jason Potts, Professor of Economics, RMIT University, Sinclair Davidson The world economy is in the early stages of a profound transition from an industrial to a digital economy. The industrial revolution began in […]

Recession not inevitable, says OECD – 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. Recession not inevitable but economic slowdown is, OECD says The global economy can avoid a recession next year, but the worst energy crisis since the 1970s will trigger a sharp slowdown and […]

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 […]

Joint Declaration – 1 billion euro mobilised for Solidarity Lanes to increase global food security and provide a lifeline for Ukraine’s economy

This article is brought to you in association with the European Commission. On behalf of the European Commission, Czechia, Poland, Romania, Slovakia, Republic of Moldova, Ukraine, the European Investment Bank, the European Bank for Reconstruction and Development, and the World Bank Group As part of the European Union’s response to the Russian aggression against Ukraine, the […]

Building an economic governance framework fit for the challenges ahead

This article is brought to you in association with the European Commission. The European Commission has today adopted a Communication setting out orientations for a reformed EU economic governance framework. Taking into account the key concerns over the current framework, these aim to strengthen debt sustainability and enhance sustainable and inclusive growth through investment and reforms. […]

California’s economy may surpass Germany’s, but what’s beneath the numbers?

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 future always looks good in a golden land,” one of California’s most clear-eyed chroniclers wrote, “because no one remembers the past.” I lived a large chunk of my […]

Inflation affects women more than men. Civil society can help

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bincheng Mao, Global Shaper, New York Hub Across the world, we are facing an acute inflation crisis. In its latest economic outlook report, the IMF forecasts global inflation to increase to a record 8.8 percent in 2022, citing […]

MEPs back new trade instrument to protect the EU from economic blackmail

This article is brought to you in association with the European Parliament. Trade Committee MEPs backed a new tool for the EU to respond to countries seeking to coerce it or member states. The committee adopted its negotiating position on the proposed anti-coercion instrument with 34 votes for, zero against and six abstentions on Monday evening. […]

America’s smaller cities are embracing the knowledge economy and leading innovation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Craig Schwitter, Senior Partner and Chair of Global Board, Buro Happold, Alice Shay, Principal, Bruno Happold There’s a push and pull competition taking place between large coastal urban areas and small- to medium-sized cities in the United States. […]

How to boost local economic, health and conservation outcomes through outdoor recreation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Seth Brown, Vice President, Quantified Ventures, Jonas Epstein, Conservation Finance Project Specialist, United States Forest Service The wealth of natural resources in Southeast Ohio has supported industries and jobs dating back to the 1700s, including salt, timber, brick […]

What’s new is old: how economic discontent triggered unrest in the past

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 French Revolution, a traumatic event that ultimately cost millions of lives and kickstarted modern Europe, was preceded by an estimated 55% rise in the cost of bread. That’s […]

Inflation, recession? What next for the global economy? Three experts dig into the latest Chief Economists Outlook

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 What’s going on in the global economy? It is a question that the World Economic Forum’s Community of Chief Economists seeks to answer every three months with its Chief Economists Outlook. […]

How to prepare for a new economic reality and protect the most vulnerable – experts explain

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Florian Wissuwa, PhD candidate, Research Assistant, Chair of Supply Chain and Operations Management, Berlin campus of ESCP Business School, Christian F. Durach, Full Professor, Chair of Supply Chain and Operations Management, Berlin campus of ESCP Business School The […]

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 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, […]

Three laws will triple US climate change spending over the next decade

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 Technology at a very early stage of development – or maybe not even invented yet – will be vital for the world to combat climate change. In the United States, policy-makers have […]

State of the EU: Ukraine, energy, climate change, economy

This article is brought to you in association with the European Parliament. In the annual State of the European Union debate, MEPs quizzed President von der Leyen on the Commission’s work in the past year and its upcoming plans. Opening the debate, EP President Roberta Metsola said: “It is a special honour to have Olena Zelenska […]

Averting an energy crisis requires bold investment in renewable energy — particularly in developing economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mili Fomicov, Researcher, Centre for Climate Finance & Investment, Imperial College London, Olivia Zeydler, Programme Analyst, Energy, Materials Infrastructure Platform, World Economic Forum A spate of disturbing geo-political events and the growing frequency of adverse climate events have […]

Using stuff longer: Does the shift to a circular economy have a simple solution?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mo Chatterji, Manager, Kearney Hundreds of millions of tonnes of waste end up in landfills yearly – actual wastelands of everything from mattresses to electrical equipment to unworn clothes, determined to be worthless and no longer needed. Extending […]

How climate education can be used to address social and economic challenges

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Luis Antonio Ramirez Garcia, Founder and General Director, Sin Planeta B An important outcome of COP26 was the Glasgow work programme on Action for Climate Empowerment (ACE). This promotes the integration of climate change learning in schools and […]

Should you go freelance? Here’s what you need to know about the gig economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anna Bruce-Lockhart, Editorial Lead, World Economic Forum, Kate Whiting, Senior Writer, Formative Content Beside a pool. In a log cabin. In your pyjamas. Working wherever and whenever you like can seem like a very attractive option. And businesses […]

Can the economy grow for ever?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anna Bruce-Lockhart, Editorial Lead, World Economic Forum The global economy has been growing for the past 200 years. Traditionally, that’s been seen as a good thing – a larger pile of money that would lead to a larger […]

Russian ruble: How resilient against sanctions is Russia’s economy?

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 & Minji Sung, Data Visuals and Content Specialist, Strategic Intelligence, World Economic Forum In many ways Russia’s economy seems to have successfully weathered the sanctions applied in response to […]

EU Cohesion Policy: more than €1 billion for Cyprus for economic and social development and a fair green transition in 2021-2027

This article is brought to you in association with the European Commission. Following today’s adoption of the Partnership Agreement, the single operational programme and the Just Transition Plan for Cyprus, the EU will invest a total of more than €1 billion in the country between 2021 and 2027. The Partnership Agreement lays down Cyprus’ investment strategy […]

A sustainable path to lasting recovery for Small Island Developing States lies in the ocean and the building of a robust blue economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Shiri Krishna Gounder, Permanent Secretary for Ministry of Economy, Government of Fiji Reliant on tourism and trade, Small Island Developing States (SIDS) were among the hardest hit globally by the economic impact of COVID-19. Fiji and other SIDS […]