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Harvard Business School on Impact-Weighted Accounts: the Missing Piece in Economy Puzzle
Capitalism is in need of a renaissance. Despite headlines of strong global economic growth, there are signs that all is not well. Environmental advocates have been leading calls for change before the climate crisis produces irreversible changes to our world.
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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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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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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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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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