Business in Times of Corona: The Dangerous Fruit of the Magic Money Tree

In one of life’s little ironies, it was not the senator from Vermont but the billionaire businessman from New York who brought social democracy to the United States. The massive federal aid package now working its way through Congress is

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Evan Harvey, Nasdaq: SDG Awareness and Action – A Report From the Global Exchange Community

The UN Sustainable Development Goals (SDGs) seek to alleviate social, economic, and environmental problems by the year 2030, but progress has been slower than necessary and scattershot in impact. Certain SDGs tend to attract awareness and action from companies if

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Joseph Stiglitz: The End of Neoliberalism and the Rebirth of History

At the end of the Cold War, political scientist Francis Fukuyama wrote a celebrated essay called “The End of History?” Communism’s collapse, he argued, would clear the last obstacle separating the entire world from its destiny of liberal democracy and

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Jim O’Neill: A Living Wage for Capitalism

At 3.6%, unemployment in the United States remains near its lowest level since the late 1960s. There are even signs that people who had previously dropped out of the labour force are being attracted back into it as employers scour

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Klaus Schwab: What Kind of Capitalism Do We Want?

What kind of capitalism do we want? That may be the defining question of our era. If we want to sustain our economic system for future generations, we must answer it correctly. Generally speaking, we have three models to choose

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Mohamed A El-Erian: How the IMF Can Battle Gradual Irrelevance

This year, I didn’t attend the October annual meetings of the International Monetary Fund and the World Bank in Washington, DC. Instead, I paid close attention to reports of the gathering and talked to people who were there whom I

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Jim O’Neill: The Return of Fiscal Policy

As we enter the last quarter of 2019 (and of the decade), cyclical indicators point to a slowing world economy amid wide-ranging structural challenges. There are plenty of issues to keep one up at night, be it climate change, antimicrobial

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EBRD: Investing in Sustainable Infrastructure Helps Advance the UN’s SDG Agenda

At the beginning of this year, the European Bank for Reconstruction and Development (EBRD) created the Sustainable Infrastructure Group (SIG). The bank merged its energy and infrastructure businesses to capitalise on synergies between these sectors. It delivers investments that ensure

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Joseph Stiglitz: No More Half-Measures on Corporate Taxes

Globalisation has gotten a bad rap in recent years, and often for good reason. But some critics, not least US President Donald Trump, place the blame in the wrong place, conjuring up a false image in which Europe, China, and

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Nouriel Roubini: Four Collision Courses for the Global Economy

In the classic game of “chicken,” two drivers race directly toward each other, and the first to swerve is the “loser.” If neither swerves, both will probably die. In the past, such scenarios have been studied to assess the risks

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