Global Agenda Council on New Economic Thinking 2012-2014
Recent financial crises reveal how little is understood about the interconnectedness of macroeconomic policies, financial markets and risks. The Global Agenda Council on New Economic Thinking is focusing on the new economic policies that address growing concerns around the stability and predictability of financial markets, rising economic pressures on societies and individuals, and the need for faster economic growth and development around the world.
What the Council is doing about it
The Council on New Economic Thinking is taking an interdisciplinary approach to economic problems that is characterized by a willingness to re-examine basic assumptions and inconsistencies in existing theoretical frameworks. Through this approach, the Council aims to help create a better future by promoting a better understanding of the major challenges faced by society and by providing solutions.
The Council on New Economic Thinking aims to:
- Influence economic policy to achieve more inclusive growth, by disseminating new thinking already developed via the World Economic Forum’s convening and social media platforms, and by creating new thinking through identifying knowledge gaps and influencing research agendas through university networks and think tanks such as iNET (the Institute for New Economic Thinking)
- Examine ways to create more stable and robust financial markets, and consider how best to design regulatory systems and pre-empt the root causes of volatility
- Continue encouraging academic environments conducive to innovative and cross-disciplinary thinking, which also reward unconventional ideas – particularly with respect to peer-reviewed publications and tenure track positions
“Recent financial crises reveal how little is understood about the interconnectedness of macroeconomic policies, financial markets and risks.”
At the Annual Meeting 2013 in Davos, a dinner attended by Nobel prize-winning economists and other leading practitioners and academics focused on what the economics textbook of the future would look like to prepare young leaders and informed decision-makers across business and government and for individuals and households. Over the next 12 months, the Council will work more closely with policy-makers to develop policy solutions on inclusive economies and financial market regulation design.
To get involved please contact
Research Analyst: Liana Melchenko, Associate Director, Global Agenda Councils, email@example.com
Council Manager: Abigail Noble, Associate Director, Investors Industries, firstname.lastname@example.org
Forum Lead: Michael Drexler, Senior Director, Head of Investors Industries, email@example.com