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As the rest of human activity has been globalized, so has corruption — and to such a degree that it has fueled global inequality, created extremist groups, and converted democratic institutions into autocratic regimes stripping wealth from entire nations. These organized criminals are supported by technology that can anonymize money, by a global criminal-services industry,...
Historically, globalization has been characterized by cross-border flows of resources and products. Financial exchanges follow, allowing for direct investment at home and abroad. In the digital economy, we see massive flows of information and data, which are perhaps even more critical to economic growth, crossing borders everywhere. In an era of anti-globalism, can the pac...
As the US and China continue their trade war, economic instability is rising in countries around the world.
In 2018, economic activity was accelerating in almost all regions of the world. One year later, much has changed. The escalation of US-China trade tensions, credit tightening in China, and macroeconomic stress in key G20 economies have all contributed to a weakened global expansion. As the US trade war with China deepens, what are the biggest risks at this delicate moment?...
Leveraging global health resources requires on-the-ground knowledge and deep understanding of what motivates the public, business, and philanthropic sectors. Impact bonds, entrepreneurial approaches to philanthropy, and other novel financing strategies are ways to attract new pools of money while generating rewards for achieving positive health outcomes. NGOs can seed inno...
How should business leaders reconsider their growth strategy amid a new geopolitical, inflationary, and monetary policy landscape? In particular, this discussion will include insights around the macroeconomic and policy implications of the war in Ukraine, the extremely tight labor-market conditions and rising cost of talent, the dangers from persistently high inflation, th...
Perhaps the most palpable of the pandemic’s economic aftershocks have been dramatic and widespread supply chain disruptions, which have upended expectations for businesses and consumers across the country and the world. Companies that rely on the production of semiconductor chips — think computer companies, automakers, and producers of any kind of “smart” device or system...
“Only by letting millions of entrepreneurs try new ideas, to innovate, to create businesses that put those ideas to work in a competitive and open way… are we going to be able to tackle the world’s big problems.” Angel Cabrera made this statement to World Economic Forum colleagues, calling for more action to support entrepreneurs around the world. However, in emerging mar...
Achieving shared prosperity requires internal and external investments in both skills development and the tools that enable financial mobility. Corporations are recognizing and prioritizing these investments to empower a multi-generational workforce better suited for the future. Panelists will examine the complexities that corporate leaders are facing like how to establish...
How can we unlock the power of entrepreneurship to widen access to health care, close gender disparity, and increase prosperity in the global South? Hear from expert voices and innovators on tools to address social, economic, and environmental challenges in developing economies.
The world faces many challenges—from climate change to political instability to widening inequality—that transcend borders and impact us all. If today’s young people are to be equipped with the imagination and skillsets to tackle these growing threats, educational excellence is key. How do we build successful education systems at scale and in every community? And what expe...
Former Ebola czar on how to make the tough choices during the Coronavirus pandemic.
In the summer of 2018, President Trump sang praises about the country’s economic conditions, tweeting, “In many ways this is the greatest economy in the HISTORY of America.” But just how much of the upswing can be attributed to White House policies? Former US Treasury Secretary Larry Summers says very little. He disagrees with Trump on trade, tariffs, and the rethinking of...
Billions of people around the world do not have access to inexpensive and reliable energy that is critical for economic growth. At the same time, the world’s current energy choices lead to pollution that is shortening lives and causing climate change. Finding a way to balance the need for energy with its environmental consequences defines the global energy and climate chal...
Globalization ushered in an era of free trade, fluid borders, and unparalleled corporate profits. For its proponents, the global integration of states and their economies was a political and economic win that created a wealth of opportunities for workers and consumers around the world. But in the United States, jobs are disappearing in construction zones, clerical offices,...
With the hope that economic investment will lift citizens from poverty to a level of sustainable prosperity, entrepreneurs and organizations across the globe invest time, energy, and resources in the poorest areas. Sadly, many of these efforts fail. Applying rigorous and theory-driven analysis, two experts on global prosperity identify the limits of common economic develop...
Across the auto industry, a profound shift toward electric vehicles is in motion. The ultimate goal: a full fleet of zero-emissions vehicles worldwide. GM is a major player in this space and has made a serious commitment — $27 billion — toward the transformation, with the aim of introducing 30 new global electric vehicles by 2025. What must a mega-firm like GM do to transi...
Internet TV is growing globally in ways that traditional TV just isn’t.
More and more, companies are embracing the concept of corporate purpose as Americans' perceptions of big business have shifted. While declaring a purpose beyond profit is a starting point, how do you actually deliver on it to drive positive change for communities and society?
What exactly is corporate purpose? How can it provide more viable and enduring success for business and communities? Bobbi Silten, managing director of the Shared Value Initiative, shares her insights.