Global trade and investment

PwC

The challenge is how to keep the world together in a single international community rather than end up with a bipolar global order, divided by ideological systemic competition, dual digital systems, and conflicting military-security tensions forcing other countries to choose sides. The US and China, so far, are facing off, confronting each other and clarifying ... Read more

Infrastructure plays a key role in supporting the recoupling of economic prosperity with social and environmental prosperity. This requires long-term investment in social infrastructure, including education, health and housing, as well as investments into infrastructure that supports a reduction of the environmental footprints. The Covid-19 crisis affects the global economy largely through and within interconnected ... Read more

Our economy should serve human needs. For that, it must not be entirely geared towards economic progress but has to improve social progress and environmental sustainability as well. This is the vision of a recoupled economy: where social, economic and environmental prosperity grow together and not apart. Achieving a recoupled economy requires complementary action in ... Read more

The economic transformation needed to recouple economic growth with social prosperity and environmental sustainability will require a significant amount of financial resources. These financial needs come against the background of the Covid-19 pandemic, which has triggered massive fiscal spending for supporting the economy and improving public health. Central banks have created very large amounts of ... Read more

A talk between Isabel Schnabel (European Central Bank, Frankfurt) & Laurence Tubiana (ECF and Key Architect of the Paris Agreement)

Our global rulebook of trade is outdated. It does not accommodate geopolitical power shifts, it is unfit to cope with the rapid internationalization of state-owned enterprises, it has little to say on the challenges brought about by the digitalization of business models and it is often seen as hindering rather than promoting the ecological transformation ... Read more

The last few years have been marked by a growing geostrategic rivalry between China and the United States. At the same time, a shift from a rules-based to a more power-based international order has taken place. This becomes evident in the increasing usage of economic instruments such as trade policy or technology and industrial policy ... Read more

Designing out waste and pollution through the gradual closing of loops in global production chains is an important requirement for achieving the Sustainable Agenda and Paris Agreement climate goals and for halting the degradation of our biodiversity. A worldwide shift to a circular economy in all value chains, regions and cities is of central importance ... Read more

Enabling and accelerating the net zero transition can only be achieved by recognising intangibles as the assets that underpin value creation in today’s economy. New breakthrough innovations in economics and accounting make this possible. These assets are people and relationships, networks and innovation. They are not fixed assets. They are intangible, not tangible. Currently, accounting ... Read more