5 things weighing on the world economy, according to the IMF

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rosamond Hutt, Senior Writer, Formative Content “Sluggish and precarious. But it doesn’t have to be this way because some of this is self-inflicted.” That’s how the International Monetary Fund’s (IMF) Chief Economist Gita Gopinath recently summed up the state […]

What has a year of experiments taught us about basic income?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Guy Standing, Professorial research associate, School of Oriental and African Studies, University of London As a long-time proponent of basic income, and as someone who has been involved in pilots in four continents, the past year has been a […]

How banks should prepare for robots going rogue

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Elizabeth St-Onge, Partner, Financial Services, Oliver Wyman & Ege Gürdeniz, Principal, Digital, Technology, and Analytics, Oliver Wyman Banks are rolling out machine-learning applications to handle all manner of tasks once reserved for humans, from customer service to automated […]

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. […]

Who is to pay the dearest price in a global slowdown?

What happens in China is more important for the European economy than a meagre fall of unemployment in the Eurozone. Last Tuesday, China said its February exports dived by a record 25.4%, fuelling new fears for a bigger slowdown in the world economy. At the same time, a Press release by Eurostat, the EU statistical […]

The developing countries keep the world going

The developing countries, led by the industrialised nations of Asia, are playing a fast growing role in the world economy and may soon overshadow the developed triangle of US-EU-Japan. Actually they have already overtaken them in key sectors. According to the UNCTAD’s Handbook of Statistics 2012 the share of emerging countries in “the most heavily […]

Trade surplus up production down in Eurozone

Despite the apparent slow-down of the world economy and the drop of external demand for Eurozone products the first estimates by Eurostat, the EU statistical service, show a hefty trade surplus of €13.7 billion for the 17 countries single money zone in November 2012. Not all news however was positive for Eurozone in November. Industrial […]