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by Richard Baldwin, Dec 22, 2019 “Globalization 4.0 has only just begun, but we are already vastly underprepared for it,” wrote Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, last month when announcing the theme of Davos 2019.
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by Klaus Schwab, Nov 5, 2018 After World War II, the international community came together to build a shared future. Now, it must do so again. Owing to the slow and uneven recovery in the decade since the global financial crisis, a substantial part of society has become disaffected and embittered, not only with politics…
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by Pankaj Ghemawat, JULY–AUGUST 2017 ISSUE Business leaders are scrambling to adjust to a world few imagined possible just a year ago. The myth of a borderless world has come crashing down. Traditional pillars of open markets—the United States and the UK—are wobbling, and China is positioning itself as globalization’s staunchest defender. In June 2016,…
Written by Guy Ryder, Director-General, International Labour Organization (ILO), Jan 20, 2017 This article is part of the World Economic Forum Annual Meeting 2017 The United Nations 2030 Sustainable Development Agenda commits us to “leave no one behind”, while the International Labour Organization’s goal of “Decent Work for All” embraces the same principle.
http://www.ozy.com/presidential-daily-brief/pdb-72512/market-woes-72522 Every party’s got to end. The WTO says this year global trade will grow at its slowest pace since 2007 as anti-trade movements like populist nationalism reverse a trend that stock markets and corporate profits have come to depend on. Free trade policies with new economies have rocketed economic growth around the world, but…
Former Finance Minister Pedro Aspe says the right policies can ensure everyone is better off from globalization by Craig Torres ctorresreporter, July 12, 2016 Globalization is under fire in some developed economies. But in parts of the Americas voters are embracing leaders looking to deepen integration and trade. Bloomberg Benchmark is publishing a series of…
The UN’s trade body has joined a chorus of criticism of globalisation, warning that developing countries reap little value from taking part in global supply chains and that the costs of joining free-trade agreements may outweigh the gains.
In the past few years, Pfizer has encountered globalization’s new phase. As part of the Indian government’s efforts to make medicine accessible to as many people as possible, in February 2013 India’s Patent Office revoked Pfizer’s patent for the cancer drug Sutent and granted a domestic manufacturer, Cipla, the right to produce a cheaper generic…
“GLOBALISATION” has become the buzzword of the last two decades. The sudden increase in the exchange of knowledge, trade and capital around the world, driven by technological innovation, from the internet to shipping containers, thrust the term into the limelight.
SEVERAL months ago our No. 2 son moved out of our house and into a condominium near his office. For the first two months we barely saw him, as his newfound freedom from the watchful eye and protection of his parents and family meant late nights and long weekends of enjoying that freedom.