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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World Bank on Social Protection in Africa: Can Safety Nets Close the Poverty Gap in Burkina Faso and Ensure Family Welfare?

With focused and courageous policy decisions, Burkina Faso’s government can cover the country’s poor with an effective and efficient safety net. This end is achievable simply by realigning and better targeting existing expenditures. The reallocation of energy subsidies that mainly

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Inspired Digital Insurance — Full-Stack Insurtech Innovation is the Way Ahead

Insurance goes back 4,000 years, and has not gained a terrific reputation during that period. It protects against financial loss, using risk management to counter uncertainty. Risk can be transferred to an insurer, also called a carrier or underwriter. A

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Malpass Shows Pragmatism and Relevant Smarts in his New Role

Some critics see the nomination and election of the new president of the World Bank, David Malpass, as a continuation of the Trump administration’s stance on multilateral institutions and China. David Malpass saw President Donald Trump as an agent of

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Mohamed A El-Erian: America’s Unusual Recovery is Now Also its Longest

Data released over the next few months will show that the current US economic expansion is the longest on record. But while the United States continues to outperform other advanced economies, this success has yet to dispel many Americans’ persistent

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