"83 million jobs will be lost and 69 million jobs are projected to be created in the next five years. Cognitive skills are reported to be growing in importance most quickly, reflecting the increasing importance of complex problem-solving in the workplace. Creative thinking to be growing in importance slightly more rapidly than analytical thinking." (WEF, Future of Jobs Report 2023)
India is now the most populous country in the world as its population surpasses China by 2.9 million people, UN says.
"Climate change is one of the most critical macroeconomic and financial policy challenges that IMF members face in coming decades. Capital is among the most important enablers of climate action, but not enough is getting to the people and places that need it most (...) we need a major shift to harness public and, especially, private financing. That includes substantially more concessional finance that can lower risk and drive private sector finance more efficiently to emerging and developing countries. It also requires that both the public and private sector's finance all components of the energy transition, including both the scaling of clean energy and the managed phaseout of fossil fuels on an accelerated time frame. To achieve this objective, all countries need robust climate policies that accelerate the green transition, and stronger mechanisms to promote cooperation and risk-sharing among stakeholders." (Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and COP28 President-Designate, and Mark Carney, UN Special Envoy for Climate Action and Finance and Co-Chair of the Glasgow Financial Alliance for Net Zero (GFANZ).
With Tom Wehmeier and Sarah Guemouri from Atomico
From US$1.6 Billion in 2020.
"Gen Z is expected to account for more than a quarter of the world’s workforce by 2025 and this trend is likely to accelerate. The changing tide is particularly acute in emerging markets such as Asia, Africa, Central and Eastern Europe and Latin America, where youth account for more than one billion of the entire population." (APCO Worldwide)
It is not about global profits, it is about local benefits.
Inequality is growing. But it cannot be all about taxation.
From the impact of a new COVID variant to continued inflation, governments will continue to face economic challenges in 2022. What immediate and long-term actions will be required to stabilize the global economy and ensure a sustainable and equitable recovery?
Why we need to start innovating solutions that correspond to the challenges in the world where we live, using a holistic and coordinated approach.
The Sustainable Development Goals represent a transformational opportunity for entrepreneurs.
The tech sector will be a major focus in the Budget.
“We aim to deliver a consumer investment market that works well for the millions of people.”
What the Global Covid-19 FinTech Regulatory Rapid Assessment Study tells us about fintech regulation in the pandemics
Gita Gopinath, Sharan Burrows, and Jennifer Morgan give some ideas about how the world can change in response to the COVID-19 pandemic. (Source: WEF)
Can we turn the tide of plastic packaging? (Source: FT)
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, says Gita Gopinath, chief economist of the International Monetary Fund.
With economies in turmoil, how bad will the damage be?
Oliver* 
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