New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)

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Increasing access to electricity is driving development in the world's poorer regions - and it could have even greater benefits for the world as a whole. Circular packaging solutions are a priority - and they will create value for brands, as these trailblazing examples demonstrate. From creativity to collaboration, the skills that students learn through play can help them thrive in the Fourth Industrial Revolution.

The global population is set to swell to 10 billion by - and that means producing a lot more protein. Collaboration on a grand scale, harnessed to new technology, could be the answer.

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Human bias is often developed into AI. To fix this, we need a fundamental rethink of the assumptions underpinning this vital technology. Climate change is not high enough on the agenda of most Arab countries, argues Neeshad Shafi - but the region's young people are about to change that. Updating education, rethinking benefits and greater employee flexibility are just three of the ways we should rethink work for the 21st-century, says the founder of freelancer platform Up But to fulfil its potential, policymakers will need to prepare the way.

Could national CTOs be the answer? From mentoring to community work, your company has the power to close the skills gap and give young people the training they need. Discovering and developing improved clean energy materials, such as solar panels, can accelerate the transition to a low-carbon future and save billions - and now AI is on the case. People with disabilities can be a goldmine of hidden skills. That's why it's no longer economically viable to keep them locked out of the workforce.

Seventy years of consistent appreciation in housing values, combined with stagnant real wage growth, has caused a nationwide crisis of affordability in major cities, and an intensificatio These insights into the future of consumption in one of the world's fastest-growing major economies will help businesses and policy leaders envision the India of the future. Creating a circular economy for plastics will depend on new business models and innovation to transform consumer packaged goods.

Here's how that could work. The urban expansion that will accompany this change is a huge opportunity for sustainable development - and for the private inv Women are employed in the majority of AI-threatened roles — while recruitment practices in tech favour men. To achieve parity in this key industry, we must act now. Brands are embedded into our daily lives - and they can help drive positive social change.

When digitalization began to gather pace two decades ago, the political narrative in Europe too often cast it as a threat to jobs - and now Europe lags behind. We must not make the same m Women depend upon the ocean for the livelihoods just as much as men, yet their voices are not heard loudly enough when it comes to solving the crises facing our seas. It's time to change Online retail has changed the way the world does business, and as the sector continues to grow so do its environmental responsibilities. How can e-commerce companies become more sustainable?

While not every organization has issues of sexual harassment, it would be hard for any of us to find a colleague who could say they have never felt vulnerable in a moment, writes Barri Ra For decades, the world economy has grown through a multilateral approach to trade, underpinned by WTO rules holding that if you offer something to one country, then you must offer it to e Air conditioning is everywhere - and it is consuming vast amounts of energy.

But don't despair - with the right innovations, we can find ways to stay cool in a rapidly warming world.

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Shifting the focus from punishment to rehabilitation could increase public safety, reduce crime and cut costs. We all make snap decisions. With lower environmental impact and reduced supply chains, digital manufacturing — including 3D printing — is a progressive force for good. Fast fashion suits the demand for the growing global middle class for choice and value, but it carries a high environmental price.

It's time to start moving to a more sustainable business Without urgent action, simple infections that should be easily treated with antibiotics could become lethal. It is up to us to develop the tools we need to keep the world healthy. Arctic old ice - the ice that stays throughout the summer - is shrinking rapidly. It plays a vital role in regulating the planet's climate, and its loss would be catastrophic.

It's time t India has a huge unmet demand for electricity, and at its current rate of economic growth the country will need to double its electricity output by Renewables can do much of the hea Understanding these trends can help state and local governments, global and domestic b The next era of globalization could have explosive and far-reaching implications - both good and bad. Here's what it means for the world, and how we should prepare. We are living in a time of unprecedented change, both technologically and politically. Businesses must adapt to navigate this new context safely - but there is no one-size-fits-all approach.

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The traditional linear economy, as typified by single-use disposable plastic items, is unsustainable. Here are five steps we must take towards a circular, waste-free future. The past few years have seen both global corporations and smaller players making serious efforts to eradicate slavery and forced labour from their supply chains - and it's working. The growing problem of plastic waste in the ocean is hurting marine life and livelihoods around the world - and it's going to take a new, global, circular economy-based approach to solve it.

Consumers and enterprises, technology leaders and governments: all of them emphasize the need for global cybersecurity. But while most agree this is an urgent priority, research shows tha Bollywood produces between 1, and 2, films each year, and its global reach is growing - and by reflecting the concerns of modern audiences, it can play a significant role in shaping Inspired by economic historian Karl Polanyi, Guy Standing reconsiders the previous phases of globalization and explains what a desirable Globalization 4.

Here are his top 10 forecasts for this Trust in journalists is being eroded around the world, and their jobs are becoming riskier - and yet we need good reporting now more than ever. Democracy depends on it. While the world has never been more interdependent, it seems harder than ever to solve the most pressing global problems. Robert Muggah and Ian Goldin explain how to navigate our era's in Could the increasing complexity of the critical infrastructures on which we rely make them more vulnerable, or more resilient?

As the example of energy infrastructure shows - it's a bit o But how can we ensure these cities' growth is sustainable? From suicide, addiction and isolation to its impact on economic productivity, mental ill-health is a problem that affects us all in some way. But Princes William and Harry are shining a l Food packaging is vital for extending shelf lives and reducing food waste - but it is adding to our plastic crisis. Could new, biodegradeable plant-based materials have the answer?

The Platform for Accelerating the Circular Economy launched 18 months ago, and has already made great strides with projects around the world. Now it's time to scale those up - and we need Joy at work should be a key performance indicator, because it promotes an invaluable team bonding that affirms the contribution of every employee. Friends of Ocean Action are working with scientists, tech developers and entrepreneurs to make ocean data available for the global public good, enabling governments to restore fisheries, India is a major engine of global economic growth.

But whether the country can achieve inclusive progress and maximize its potential depends on these three pillars. The world is waking up to to the personal, societal and economic costs of poor mental health. We have made great strides - now we need to keep going. Here's how to do it. History stands at a crossroads. The old models are crumbling, but what will replace them? By using new methods to model different future scenarios, we can give ourselves the tools to hel Companies must imagine their future customers and employees, collaborate as they transform, and be mindful of how they operate to drive inclusive growth.

Poverty is often blamed for outbreaks of mob violence from Latin America to Africa — but a closer look shows elites are using and controlling disorder for their own political ends. If the humanitarian sector is to meet the world's growing needs for intervention, it has to start planning in advance. Labour relations have become uncertain since the postwar period — but digital-age flexibility can be made to benefit both workers and executives.

It is clear that we can no longer afford to think exclusively locally when it comes to reducing crime and violence; nor is this an efficient or effective approach. Nonprofit organizations are the heartbeat of efforts to improve communities around the world — but they are chronically under-resourced. I accept.

Davos Ceri Parker 25 Jan Poppie Mphuthing 25 Jan Environment and Natural Resource Security. James Workman 25 Jan Ross Chainey 25 Jan Jahda Swanborough 25 Jan Poppie Mphuthing 24 Jan Ceri Parker 24 Jan Charlie Sharman 24 Jan Michael Hanley 24 Jan Antonio Guterres 24 Jan Ceri Parker 23 Jan Ross Chainey 23 Jan Leadership in the Fourth Industrial Revolution.

Bill Thomas 24 Jan Ken Xie 23 Jan Briony Harris 23 Jan Michelle Avary 23 Jan Briony Harris 22 Jan David Attenborough 21 Jan Sean Fleming 23 Jan Klaus Schwab 14 Jan Ross Chainey 22 Jan Ellen MacArthur 24 Jan Guy Ryder and Houlin Zhao 24 Jan Susannah Rodgers 16 Jan Kate Whiting 22 Jan Michael Hanley 23 Jan Seth Berkley 22 Jan Punit Renjen 23 Jan Saadia Zahidi 16 Jan Ross Chainey 20 Jan Scott Snyder 11 Jan CP Gurnani 21 Jan Simon Torrance and Felix Staeritz 15 Jan Winnie Byanyima 21 Jan Cyril Ramaphosa 24 Jan Enric Sala and Kristin Rechberger 20 Jan Ceri Parker 21 Jan Ann Cairns 18 Jan Andy Wales 23 Jan Mark Jones 20 Jan Alex Gray 18 Jan Adrian Monck 18 Jan Mark Weinberger 18 Jan Frank Appel 15 Jan Clare Matterson 21 Jan Damien Sauer 20 Jan Neelam Chhiber 15 Jan Rapelang Rabana 17 Jan Cristiana Pasca Palmer 16 Jan Adair Turner 16 Jan Nico Daswani 21 Jan Tim Dixon 09 Jan Caroline Baumann 18 Jan Henry Taylor 19 Dec Mahsa Shamsaei 22 Jan Arif Husain 14 Jan Adam Long 15 Jan Alexandra Winkler Osorio 14 Jan Lyu Jun 24 Jan Paul Stoffels 16 Jan Dave McKay 15 Jan Peter Maurer 15 Jan Jim Leape 18 Jan Brian Peccarelli 14 Jan Juergen Voegele and Jane Nelson 18 Jan Brad Page 19 Jan Christian Mumenthaler 23 Jan Markus Steilemann 16 Jan Antonio Zappulla 17 Jan Sean Fleming 14 Jan Bernadette Wightman 10 Jan Chandran Nair 15 Jan James Quincey 25 Jan Philippe Delorme 22 Jan David J.

Skorton 20 Jan Anirban Ghosh 21 Jan Erna Solberg 14 Jan Megan Doepker 16 Jan Peter Herweck and Annette Clayton 17 Jan Klaus Schwab 05 Nov Alex Gray 09 Jan Christa Freeland 21 Jan Johnny Wood 19 Dec Lisa Davis 17 Jan Peter Lacy and Wesley Spindler 15 Jan John Goodwin 08 Jan A related clash will be the desire of a growing proportion of electorates to have a more open society as economies also open up.

As the world evolves along the lines of Leveller-type and Leviathan-type societies, it is possible that in some countries, such as Russia, a Leviathan-like approach—that is, order in exchange for reduced democracy and rights—will be the accepted way of life. In other countries, most interestingly China, as its economy loses momentum and evolves, there may be a growing tension between groups holding the Leviathan view supported inevitably by Grandees and opposing Leveller-like groups who favor equality of opportunity and a multiparty system.

The role and views of women, especially in China, and of minority groups like the gay community will be pivotal. The emergence of a new world order, based on large regions and coloured by Leveller and Leviathan modes of governance, echoes several periods in history. Equally, the challenge in Leveller countries will be to maintain open, fraternal societies in the face of political and potentially economic volatility.

It may well be better that those who have grown fond of globalization get over it, accept its passing, and begin to adjust to a new reality. I disagree. Globalization, at least in the form that people have come to enjoy it, is defunct. From here, the passage away from globalization can take two new forms. One dangerous scenario is that we witness the outright end of globalization in much the same manner as the first period of globalization collapsed in This scenario is a favorite of commentators because it allows them to write about bloody end-of-the-world calamities.

This is, thankfully, a low-probability outcome, and with apologies to the many armchair admirals in the commentariat who, for instance, talk willfully of a conflict in the South China Sea, I suggest that a full-scale sea battle between China and the United States is unlikely. Instead, the evolution of a new world order—a fully multipolar world composed of three perhaps four, depending on how India develops large regions that are distinct in the workings of their economies, laws, cultures, and security networks—is manifestly underway.

My sense is that until , multipolarity was a more theoretical concept—more something to write about than to witness.

The Global Financial Crisis: Analysis and Policy Implications -

This is changing quickly: trade tensions, advances in technologies such as quantum computing , and the regulation of technology are just some of the fissures around which the world is splitting into distinct regions. Multipolarity is gaining traction and will have two broad axes.

First, the poles in the multipolar world have to be large in terms of economic, financial, and geopolitical power. Second, the essence of multipolarity is not simply that the poles are large and powerful but also that they develop distinct, culturally consistent ways of doing things. Multipolarity, where regions do things distinctly and differently, is also very different from multilateralism, where they do them together.

China, in particular, is interesting in the context of the switch from globalization to multipolarity, not least because at the World Economic Forum the Chinese president claimed the mantle of globalization for China. China benefited greatly from globalization and its accoutrements e. However, trade flows into China increasingly betray a move away from a globalized world and toward a more regionally focused one. These countries, together with Bangladesh and Pakistan, have allowed themselves to be enticed by trade- and investment-based relationships with China and are now in its orbit.

However, China is itself not globalized: it is increasingly hard for Western companies to do business there on equal terms with Chinese companies, and the flow of both money and ideas—out of and into China, respectively—is heavily curtailed.

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Flow of people is another indicator. Flows within China are dynamic and are perhaps more managed than before, but flows of foreigners into China are miniscule by comparison to other countries, and China has only recently established an agency the State Immigration Administration created at the Party Congress to cultivate inward flows. So as China has become a major pole, it has become less globalized and arguably is contributing to the trend toward deglobalization.

On a broader scale, without picking on individual countries, we can measure the extent to which the world is becoming multipolar by examining aggregate trends in trade, GDP, foreign direct investment, government budget size, and population. All of these are much less concentrated, or more dispersed, than they used to be, and increasingly they are collecting around several poles. For example, in the five years from to , total foreign direct investment into Australia from China increased at a rate of 21 percent per annum, compared to 6 percent from the United States to Australia, suggesting that Asian investment in Australia is picking up.

Even if multipolarity is based on the growing dispersion and regionalization of economic power, it is also expressed in other ways, notably military power, political and cyberfreedoms, technological sophistication, financial sector growth, and a greater sense of cultural prerogative and confidence. These are not as easily measured as economic multipolarity, but some clear strands are emerging. Under this schema the European Union, the United States, China, and potentially India are poles, but Japan and Russia would not qualify as distinct poles.

Russia, for instance, scores well on certain aspects of multipolarity e. The path toward multipolarity will not be smooth. One tension is that since the Industrial Revolution the world has had an anchor point in terms of the locus and spread of globalization Britain in the nineteenth century and the United States in the twentieth century. The fact that there are now at least three points of reference introduces a new and possibly uncertain dynamic to world affairs. The potential is high for friction, misunderstanding, and conflict among the increasingly different ways of doing things across the major poles.

Essentially, multipolarity means that instead of speaking a common language, the major poles speak different policy languages. Trade-based tension is an obvious possibility here. Another form of tension is the crisis of identity created for countries that are not wholly within one of the poles—again, Japan, Australia, and the United Kingdom are the prime examples—and the crisis of ambition for countries, such as Russia, that want to be poles but lack the wherewithal to do so convincingly. At a more grassroots level, the implications of the end of globalization as we know it and the path to multipolarity will become a greater part of the political debate.

At the margin, the flow of people, ideas, and capital may be less global and more regional and in time could be reinforced by a growing sense of regionalization across the main poles. In a negative way, a more multipolar world may be the watershed that signals the peak of democracy and potentially the beginning of contests within regions for competing views of democracy, institutional strength, statecraft, and control.

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New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)
New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)
New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)
New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)
New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)
New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)
New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)
New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)
New Ideas on Development after the Financial Crisis (Forum on Constructive Capitalism)

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