Stimulating economic growth
Introduction
There is widespread agreement that the international community needs to undertake a complementary set of adjustments in national policies supported by improvements in international cooperation to rebalance the world economy and make it more inclusive and sustainable. There are numerous key points to bear in mind.
Viewed over a half-century, the global economy is in better shape than the crisis might indicate. Mankind is better off than it has ever been and technology promises to make things even better. Whatever choices are made to improve global governance, care must be taken not to disrupt the processes that have allowed society to achieve such remarkable progress. A host of urgent problems must still be faced, foremost among them the deteriorating environment, ageing populations, jobless youth and global economic imbalances.
There are four key priorities for achieving sustainable economic growth: education, social stability, incentives for taking risks and global economic integration. As efforts are undertaken to improve or revamp the IMF and other financial sentinels, they must be given the authority and tools to influence harmful economic policies, even in the most powerful nations.
The Future of Manufacturing
Talent, the ability to innovate and the strategic use of public policy will play a significant role in defining manufacturing sector competitiveness in developed and emerging economies going forward, finds The Future of Manufacturing, a report by the World Economic Forum. Written in collaboration with Deloitte Touche Tohmatsu Limited, the study finds that the global manufacturing ecosystem is undergoing a dramatic transformation, with many emerging economies developing significant manufacturing and innovation capabilities, enabling them to produce increasingly complex products, leading to the...
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April 20, 2012
A Framework for Advancing Responsible Mineral Development - Chinese
EnglishThe development of mineral resources is a key driver of global economic growth. It has the potential to transform economies and societies, including some of the world’s poorest nations, provided development is responsible and sustainable.The ‘Responsible Mineral Development Initiative’ report for 2011, produced by the World Economic Forum in partnership with BCG, offers a pathway towards fulfilling this potential. It offers a series of realistic, practical building blocks for creating the stable operating environment - founded on trust, dialogue and transparency between companies,...
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April 17, 2012
Financing Green Growth in a Resource-constrained World
The scale and frequency of weather shocks, combined
with long-term economic forecasts of climate change effects and fossil fuel
costs, are having a political as well as an economic impact. Many developing
country governments are changing their approach to infrastructure and
industrial planning, choosing to design more sustainable, resilient pathways to
economic growth. They are developing comprehensive national investment
programmes in clean energy, energy efficiency, water management,
climate-resilient agriculture, smart grids and low-carbon transport systems.
This strategic shift has been...
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February 16, 2012
A Framework for Advancing Responsible Mineral Development
ChineseThe development of mineral resources is a key driver of global economic growth. It has the potential to transform economies and societies, including some of the world’s poorest nations, provided development is responsible and sustainable.The ‘Responsible Mineral Development Initiative’ report for 2011, produced by the World Economic Forum in partnership with BCG, offers a pathway towards fulfilling this potential. It offers a series of realistic, practical building blocks for creating the stable operating environment - founded on trust, dialogue and transparency between companies,...
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January 27, 2012
The New Sustainability Champions
The New Sustainability
Champions are sixteen emerging market based companies presented by the World
Economic Forum and the Boston Consulting Group in their recent report
Redefining the Future of Growth.These companies create unconventional and profitable solutions that impact economic growth and enhance overall
sustainability in their regions.Read more | 中文
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January 12, 2012
The Financial Development Report 2011
Hong
Kong SAR overtakes the United States and the United Kingdom to top the World
Economic Forum’s fourth annual Financial
Development Report. As the first Asian financial centre to achieve this
rank, Hong Kong’s position was bolstered by strong scores in non-banking
financial services such as IPO activity and insurance.
Although
it fell one spot to 2nd place, the United States’ overall score remains almost
unchanged compared to last year. While financial stability continues to be a
concern, the US was able to offset this weakness with strong financial
intermediation results. Particular...
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December 13, 2011
Global Competitiveness
The Global Competitiveness Report 2012-2013 assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide. Access the data platform to visualize and download the data.This year’s report findings show that Switzerland tops the overall rankings in The Global Competitiveness Report for the fourth consecutive year. Singapore remains in second position with Finland, in third position, overtaking Sweden 4th. These and other...
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September 7, 2011
World Economic Forum Annual Meeting 2011
Browse the ReportSession VideosHighlights from Saturday 29 JanuaryHighlights from Friday 28 JanuaryHighlights from Thursday 27 JanuaryHighlights from Wednesday 26 JanuaryQuotes from Meeting ParticipantsThe Annual Meeting of the World Economic Forum in Davos-Klosters is perhaps best known to the world at large simply as "Davos". It is much more than a simple get-together of global leaders from many fields in a Swiss ski resort, however.The Annual Meeting provides a rethinking of our systems and exploration of strategies and solutions that have positive transformational implications. For...
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January 26, 2011
Stimulating Economies through Fostering Talent Mobility
When we decided to support the Forum’s Talent Mobility project in early summer 2009, we recognized the complexity of the human capital environment and shared a desire to address at least some of its aspects in an interdisciplinary way, reflecting the nature of the observed challenges. Today we are richer in research, systematic input gathering, contributions of more than 80 experts and practitioners and outstanding commitment of involved parties. The impact of talent mobility on both developed and developing countries has been summarized and systematized. The landscape of the most critical...
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December 22, 2010
The Financial Development Report 2010
The United States and the United Kingdom managed to take the top spots despite stagnant or weakening scores in the World Economic Forum’s third annual Financial Development Report released today. Weak scores in financial stability for both countries appeared to impact the United Kingdom more with an appreciable decline in its overall score and a drop from the top spot in last year’s rankings. Their rankings were supported by greater relative declines in other countries’ scores. The scores for Asian financial centres Hong Kong and Singapore advanced to close their distance from the two...
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November 11, 2010
Regional and Country Competitiveness
The Arab World Competitiveness Report 2013 is a World Economic Forum - EBRD collaboration which analyses and benchmarks countries' competitiveness in the Arab world. Read the full news release for more information.The report highlights that a strong and vibrant private sector is key to address the unemployment challenge as only private business can create a sufficient number of jobs to absorb the countries’ growing young workforce. Furthermore, improving education, boosting skills and addressing bottlenecks in labour markets are identified as a win-win in terms of creating jobs and...
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November 11, 2010
World Economic Forum on Latin America 2008
Leaders from over 40 countries evaluated the trends and changes in the global economy, in the political arena, in trade relations between Asia and Latin America as well as developments affecting investment to stimulate regional growth and the search for innovation in business and social affairs.
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November 10, 2010
Industry Risks
In an interdependent, fast-moving world, organizations are increasingly confronted by risks that are complex in nature and global in consequence. Such risks can be difficult to anticipate and respond to, even for the most seasoned business leaders.The World Economic Forum’s Risk Response Network provides leaders from the private and public sectors with an independent platform to map, monitor and mitigate global risks.Its annual Global Risks Report analyses the perceived impact and likelihood of 50 prevalent global risks over a ten year time horizon. The 50 global risks are divided into five...
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November 9, 2010
World Economic Forum Annual Meeting 2010
The Annual Meeting 2010 was organized under the theme “Improve the State of the World: Rethink, Redesign, Rebuild”. How will existing models of business, governance, development, employment, education and corporate citizenship need to adapt and evolve? Will our children’s children be speaking of the G2, G7, G20 or G77 when discussing the management of global issues? Improving the state of their world was what brought together leaders from industry, government and civil society to rethink, redesign and rebuild in Davos.
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November 4, 2010
World Economic Forum on Europe 2010
Co-hosted by the Government of Belgium shortly before it took up the rotating presidency of the EU, the meeting was held under the theme “Renewed Leadership, New Vision”, reflecting the fact that the recently appointed leadership of the EU institutions is now in the process of defining its vision and setting out its policy priorities.
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November 4, 2010
World Economic Forum on East Asia 2010
East Asia’s lead in the global economic recovery has been underscored by increasing regional economic cooperation, robust domestic consumption and coordinated government stimulus measures. Alongside the remarkable economic momentum and progress of China and India, ASEAN’s market of 580 million consumers is moving towards economic integration by 2015.
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November 3, 2010
Annual Meeting of the New Champions 2010: Driving Growth through Sustainability
This report aims to summarize the ideas and insights that emerged during the discussions and debates in Tianjin. It also tries to capture the level of engagement of participants and their determination to explore ways to balance growth and sustainability. Sustainability requires revisiting current values and norms, challenging long-held economic assumptions, rethinking business models, exploring scientific and technological solutions to foster innovation and creativity within organizations, and shaping more effective and representative institutions and...
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November 3, 2010
Global Risks
In an interdependent, fast-moving world, organizations are increasingly confronted by risks that are complex in nature and global in consequence. Such risks can be difficult to anticipate and respond to, even for the most seasoned business leaders.The World Economic Forum’s Risk Response Network provides leaders from the private and public sectors with an independent platform to map, monitor and mitigate global risks.Its annual Global Risks Report analyses the perceived impact and likelihood of 50 prevalent global risks over a ten year time horizon. The 50 global risks are divided into five...
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November 2, 2010
International Trade
“Enabling Trade: Valuing Growth Opportunities” finds that reducing supply chain barriers can increase global GDP up to 6 times more than removing all import tariffs. Such large increases in GDP would be associated with positive effects on unemployment, potentially adding millions of jobs to the global workforce. The report builds on eighteen industry case examples, spanning multiple industries and regions, to understand on-the-ground implications of supply chain barriers and the policy implications resulting. Companies must recognize and manage supply chain costs, and governments should...
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October 23, 2010
Global Information Technology
The Global Information Technology Report 2013, the 12th in the series, analyses the impact and influence of ICTs on economic growth and jobs in a hyperconnected world. Read the full news release for more information.At the core of the report, the Networked Readiness Index (NRI) measures the preparedness of an economy to use ICT to boost competitiveness and well-being. In this edition, Finland (1st), Singapore (2nd) and Sweden (3rd) continue to lead the NRI, with the Netherlands (4th), Norway (5th), Switzerland (6th), the United Kingdom (7th), Denmark (8th), the United States (...
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October 21, 2010
Rethinking European Economic Growth
Systemic financial risks and macroeconomic imbalances at the global level and budget deficits and unbalanced growth at the regional level present growing governance challenges in the economic sphere.How should policy-makers and business leaders work together to address these looming global and regional threats in the context of the Europe 2020 Strategy?Key Points• The sense of urgency created by the Eurozone crisis needs to be refocused on economic growth.• A clearer agenda is needed for business and political leaders to work together.• To achieve sustainability, ...
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May 10, 2010
World Economic Forum on Africa 2010
Rethinking Africa's Growth Strategy was the theme of the 20th World Economic Forum on Africa, held in Dar es Salaam, Tanzania, 5-7 May 2010. Thirteen African heads of state/government took part, together with more than 1,000 participants from 85 countries.
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May 5, 2010
Global Redesign Series -- Economic Growth Paradigms Revisited
Annual Meeting of the New Champions 2009Global Redesign Series – Economic Growth ParadigmsDalian, People’s Republic of China 10-12 SeptemberThe drivers of competitiveness are well known, but commonly held assumptions about growth before the crisis must be reinterpreted, given the greater degree of uncertainty facing the international economy.How will countries rebuild their growth models in the post-crisis world?Key Points on the Topic• The current economic and financial crisis has profoundly changed the way the world perceives risk, evaluates information and has highlighted the ...
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September 10, 2009
