Emerging markets could hold the key to growth in the face of macroeconomic storms

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Barry O’Byrne, Chief Executive Officer, Global Commercial Banking, HSBC Businesses everywhere are facing a combination of domestic recessions, rising interest rates, high inflation and geopolitical uncertainty. Rarely do so many volatile business conditions descend at once on the world. […]

How local banking can help champion decarbonization in emerging markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Milagros Rivas Saiz, Chief of Advisory Services, Interamerican Development Bank Group, Ayla Majid, Founder and Chief Executive Officer, Planetive & Michael Hayes, Global Head, Renewables, KPMG Emerging markets need $1 trillion a year to transition to net-zero. Clean-energy […]

Here’s why developed economies must bear the $100 trillion cost of the net-zero transition in emerging markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Formative Content Standard Chartered estimates emerging economies need around $94.8 trillion of investment to allow them to meet net-zero targets while continuing to grow and prosper. If developing markets bear this cost alone, the […]

System value can power the energy transition in emerging markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Valentin de Miguel, Senior Managing Director for Strategy & Consulting Lead for Growth Markets, Accenture Countries are starting from different baselines and in different conditions on their energy transition journeys. The World Economic Forum’s System Value framework can […]

The role companies play in boosting growth in emerging markets

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Shuaihua ChengManaging Director, ICTSD China, International Centre for Trade and Sustainable Development (ICTSD) In recent decades, the forces that have driven growth in emerging economies have been well documented. Less studied, however, is the contribution made by […]

VW emissions scandal: While U.S. car owners are vindicated, Europe still unable to change its laws and protect its consumers

Volkswagen, the giant German automaker, has pleaded guilty to criminal charges in a Detroit federal court last Friday to conspiracy to defraud the U.S., commit wire fraud, and violate the Clean Air Act, obstruction of justice and import violations. However, VW still denies compensating European car owners arguing that a ‘technical fix’ can make cars […]

WEF Davos 2016 LIVE: “You just don’t know if the oil price will be 20$ or 100$ in the next 2-3 years!” top Harvard economist Kenneth Rogoff underscores from Davos

It is the first day of the most important economic forum in the world and economy and financial markets are as every year in the foreground. The session called “Preventing Future Shocks” finished a couple of hours ago in the Sanada room in Davos with Maria Bartiromo, anchor and Global Markets Editor of Fox Business Network, […]