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Archive for the tag “World Economic Forum”

15 Of The CIA’s Most Intriguing Declassified Maps

During key events in history, maps created by the Central Intelligence Agency (CIA) have helped US presidents and their advisors make critical decisions. These maps, usually top secret, were produced by the CIA’s own Cartography Center, which was set up in 1941 to provide maps, geographic analysis and research to support the work of the Agency, the White House, senior policy-makers and the intelligence community at large.

Read Here – weforum.org

The Top 2016 Global Risks According to World Economic Forum

From the environment to international security and the coming Fourth Industrial Revolution, the World Economic Forum’s Global Risks Report 2016 finds risks on the rise in 2016.

When The Predictions Turned Out Right

An evergreen joke among speakers at the World Economic Forum’s annual meeting in Davos warns against making predictions. Whatever you say, the punchline goes, will be proven wrong.

Read Here – BusinessWeek

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

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

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

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 of the International Monetary Fund, spoke of a “fragile and timid recovery”.) Angela Merkel was among several European leaders to express optimism about the continent’s economic and political prospects. Even the finding of the Edelman Trust barometer that less than one in five people trust political and business leaders to tell the truth seems to have been shrugged off. Bankers instead took comfort in the finding that trust in banks has actually risen in the past year.

Read Here – The Economist

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”?

Unfortunately, we may never know if the galactically rich and erudite membership of the WEF actually hashes out good ideas at their meetings, for those ideas are always cloaked in the most abstruse business jargon. The program for this year’s Davos summit is practically a B-school tone poem. “Sailing Towards a Circular Economy.” “The Values Context.” And, neatly dovetailing with the meeting’s overall theme of ”Dynamic Resilience,” an address by Christine Lagarde is titled, “Resilient Dynamism.”

Read Here – Businessweek

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 constituents, generating more reactive and short-term governance. Whether one looks at the dismal approval ratings of the U.S. Congress or the impact that more open flows of information is having on the Chinese ruling elite, it is clear that people are becoming more and more uninspired
by their governments. When it comes to unemployment, the widening disparity of wealth, or environmental degradation, highly complex or even intractable issues set politicians up for failure in the eyes of their constituents.

Read Here – World Economic Forum

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 revive sluggish economies, combat deflation and prop up weak banks.

The Fed, the Bank of England, the Bank of Japan and to a lesser extent the European Central Bank have strayed far from traditional inflation fighting to take into account objectives such as reducing unemployment, raising nominal GDP, and ensuring the smooth functioning of the sovereign bond market.

Read Here – Reuters

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