This digital currency could build a more sustainable global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Liu, chief product officer, Fusion Foundation & Peter Lyons, Senior Adviser, Emerging Technologies, Lapa Capital Whether we are talking about trade and investment or banking and payments, stablecoins and the technology underlying them will be the building […]

5 trends in the global economy – and their implications for economic policymakers

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Klaus Schwab, Founder and Executive Chairman, World Economic Forum & Saadia Zahidi, Managing Director; Head of the Centre for the New Economy and Society, World Economic Forum The Global Competitiveness Report 2019 is a much-needed economic compass, building on […]

OECD warns global economy remains weak as subdued trade drags down growth

This article is brought to you in association with OECD. Global growth slowed sharply in late 2018 and is now stabilising at a moderate level. Escalating trade conflicts and dangerous financial vulnerabilities threaten a new weakening of activity by undermining investment and confidence worldwide, according to the OECD’s latest Economic Outlook. The global economy is expected to […]

The countries most ready for the global energy transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Harsh Vijay Singh, Project Lead, System Initiative on Shaping the Future of Energy, World Economic Forum Geneva Countries around the world are upping the share of renewables in their energy mixes. The bad news is, they’re not doing it […]

The global economy is woefully unprepared for biological threats. This is what we need to do

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ryan Morhard, Project Lead, Global Health and Healthcare Industries, World Economic Forum Geneva If you found yourself in Liverpool in the late 18th century it wouldn’t have been entirely unexpected to witness a fire, threatening stocks of tobacco, sugar […]

How trade wars pose a threat to the global economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pamela Coke-Hamilton, Director, Division on International Trade and Commodities, United Nations Conference on Trade and Development (UNCTAD) In a year defined by retaliation and counter-retaliation, resulting in a trade impasse between the United States and China, more than half […]

We could be sleepwalking into a new crisis. How should the business world prepare?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alison Martin, Group Chief Risk Officer, Zurich Insurance Group The World Economic Forum has released its annual Global Risks Report (GRR), which in particular highlights: – We will need to find new ways of practicing globalization that respond to […]

How energy infrastructure is shaping geopolitics in East Asia

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Miyeon Oh, Director and Senior Fellow of the Asia Security Initiative, Scowcroft Center for Strategy and Security, Atlantic Council Large-scale, cross-border energy infrastructure connects states in long-term relationships. A choice of a pipeline route or a decision about […]

How transparency can help the global economy to grow

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author:  Alex Konanykhin, CEO, TransparentBusiness Countries around the world spend an estimated $9.4 trillion a year on procurement – 15% of global GDP. Indeed, UN figures estimate that public procurement can account for 15-30% of GDP for many countries. […]

The two big uncertainties shaping our future

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Olivier Woeffray, Project Lead, Knowledge Networks and Analysis, World Economic Forum Geneva When we think about the future, most of us try to predict it by extrapolating from a wide range of assumptions that we make about today. […]

The global economy isn’t working for women. Here’s what world leaders must do

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Winnie Byanyima, Executive Director, Oxfam International These are restless, exciting and frightening times to be a woman. Every day brings a rousing success or a crushing setback in our fight for equal rights. In May, after decades of […]

Beware the fragility of the global economy

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Alberto Gallo, Portfolio Manager and Head of Macro Strategies, Algebris Investments Quantitative easing (QE) saved us from the 2008 crash and kick-started a recovery, but also encouraged a build-up of one-sided risk in the financial system. Are markets […]

IMF – World Bank meetings: US – Germany clash instituted, anti-globalization prospects visualized

This year’s annual meetings of the IMF – World Bank Group in Washington D.C., which kicked off on Thursday 6 October, turned out to be an all out financial war of words between the United States and Germany. In the middle of it stands the battered Deutsche Bank. For a start, there was a confrontation […]

Are the G20 leaders ready to curb corporate tax-avoidance?

Last Monday, the G20 meeting in Hangzhou – the capital of China’s eastern Zhejiang province – the first gathering of the 20 world leaders to be held in the vast country, was not marked by the determination to face up to economic misery and the pitiless wars in Syria, Libya, South Soudan, Yemen, Mali and […]

What have the banks done to the markets making them unable to bear cheap oil?

Last Tuesday, a new steep fall of the price of crude oil by almost 5%, triggered another selloff in all the major capital markets of the world. The New York and the European stock exchanges lost anything between 2% and 3% of their capitalization. One may observe that this development is one of many of […]

Income inequality threatens the socio-political structures in developed countries

Christine Lagarde, Managing Director of IMF, is not renowned for her social concerns and sensitivities. Yet, while speaking last week at the National Press Club, in Washington DC, about “The Global Economy in 2014”, among other important policy proposals for the world to exit the era of the “seven weak years”, she didn’t forget to […]

IMF: The global economy keeps growing except Eurozone

IMF’s research department published yesterday its latest report on World Economic Outlook (WEO), with good news for the global economy and bad news for Eurozone. Actually, Olivier Blanchard, IMF’s chief economist and director of its Research Department, was quoted as saying that because of Eurozone’s problems, “We have moved from a two-speed recovery to a […]