Innovation, The New Chinese Mantra

Innovation should be one of the major driving forces of China’s ongoing economic reforms and development in the future, as the country’s GDP is expected to slow from double-digit growth, Premier Li Keqiang said Read Here – China Daily

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China Going Its Own Way

China‘s contribution to the global economy will be in its steady growth and structural transformation; only long-term reforms can sow the seeds of prosperity. Measures used in emergencies – moves that break market rules – can be effective for a short time but they have long-term disadvantages. Read Here – Caixin

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Africa Rising?

Is Africa rising? Judging by the buzz and optimism of the young business leaders and political trailblazers from across the continent who gathered in Cape Town for the World Economic Forum on Africa recently, the answer is a qualified “yes.” Read Here – The Hindu

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A Tale Of Two Davoses

The general mood was at its most upbeat since January 2007, when the financial system was as frozen as the Davos streets. Relief that most experts judged the financial crisis to be over at last outweighed concern that economic growth and job creation seems likely to remain sub-par for the forseeable future. (Christine Lagarde, boss […]

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In Davos, the World Economic Forum’s Big, Unintelligible Ideas

This week the world’s wealthiest and the best-connected have gathered in Switzerland for the World Economic Forum’s annual meeting. An exceedingly diverse group of business and policy titans are schmoozing, paneling, and work-shopping their way through the world’s top intractables: climate change; a tattered euro zone; and who could forget the eternally vexing problem of “Catalysing Multistakeholder Value”? […]

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The World’s Elites And Their Black Swans

In 2013, this breakdown of international coordination will go increasingly local: in such a world, governments will focus more on their domestic agendas, which will create new risks in and of itself. Most importantly, the growing vulnerability of elites makes effective public and private leadership that much more difficult to sustain. Leaders of all kinds are becoming more vulnerable to their […]

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Davos Leaders Uneasy Over Glut Of Easy Money

The world is awash in easy money, with consequences that are starting to worry some central bankers and business leaders at the DavosWorld Economic Forum (WEF), though so far inflation fears seem overdone. With developed world government finances constrained by huge debts and deficits, central banks have pumped trillions of dollars into the system to try to […]

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