World Economy Trade
Davos Annual Meeting 2007 - Frozen Trade TalksMay 10, 2012
www.weforum.org 27.01.2007 Frozen Trade Talks and the Need for Progress Doha's apparent failure has given rise to a debate on the role of multilateral, regional and bilateral factors in shaping the international trade agenda. Meanwhile, it remains unclear if, and how, businesses have been affected. 1) How are regional and bilateral factors influencing the future of international trade? 2) What is at stake in maintaining a healthy global trade regime? 3) Should the manner in which multilateral trade agreements are negotiated be overhauled? Akira Amari, Minister of Economy, Trade and Industry of Japan Celso Amorim, Minister of Foreign Relations of Brazil Pascal Lamy, Director-General, World Trade Organization (WTO), Geneva Doris Leuthard, Federal Councillor of Economic Affairs of the Swiss Confederation Peter Mandelson, Commissioner, Trade, European Commission, Brussels Kamal Nath, Minister of Commerce and Industry of India Susan Schwab, US Trade Representative Moderated by John K. Defterios, Group Vice-President, Content and Anchor, United Kingdom, FBC Media, United Kingdom
World Economy. RON PAUL on the Current Crisis. Sep 18.May 18, 2012
Sep. 18, 2008. Ron Paul explains how misguided policies and actions by the Federal Reserve and the government led to the current financial crisis. Many who agree with me on a lot of other issues, do not understand my enthusiasm for gold and sound money or why I spend so much time studying and talking about monetary policy. Its true that I talk about money differently than most, but the fact is sound money offers many benefits. For example peace. Can sound money really bring about peace? Actually, it plays a big part in peaceful international relationships. Money based on commodities, rather than paper, is not subject to government manipulation, and is a key component to free and honest trade. History shows that if countries engage in trade with each other, their governments tend to find ways to get along for the same reason you do not kill your customers at your place of business, even if they occasionally annoy you. If someone outright cheats you, however, you may engage in war by taking them to court, for example, and the relationship will sour. Governments and central banks with unfettered power to manipulate currency also have the ability to cheat their creditors. One way they do this is to simply create enough currency to pay off debts. This devalues the currency and cheats the recipient out of what they are owed. It would not be fair if you watered down your product the way our government waters down its currency, so it is not hard to understand, in these simplified ...
Davos Annual Meeting 2004 - The World in 2014Apr 25, 2012
www.weforum.org 22.01.2004 The World in 2014: Rethinking the Corporation The nature of the corporation as an institution is constantly evolving. 1) What forces will shape global corporations in the coming decade? 2) What will leading companies look like ten years from now? And what will be different about them? Peter Brabeck-Letmathe, Vice-Chairman and Chief Executive Officer, Nestlé, Switzerland; Member of the Foundation Board of the World Economic Forum Carly Fiorina, Chairman and Chief Executive Officer, HP, USA Nobuyuki Idei, Chairman and Group Chief Executive Officer, Sony Corporation, Japan; Member of the Foundation Board of the World Economic Forum Guy Ryder, General Secretary, International Confederation of Free Trade Unions (ICFTU), Brussels Introduced by Michael E. Porter, Bishop William Lawrence Professor, Harvard Business School, USA Chaired by Lawrence H. Summers, President, Harvard University, USA
Saving the world economy from Gaddafi - Gold DinarMay 16, 2012
Visit The Vault at www.misaelgonzalez.net Some believe it is about protecting civilians, others say it is about oil, but some are convinced intervention in Libya is all about Gaddafi's plan to introduce the gold dinar, a single African currency made from gold, a true sharing of the wealth. Gaddafi did not give up. In the months leading up to the military intervention, he called on African and Muslim nations to join together to create this new currency that would rival the dollar and euro. They would sell oil and other resources around the world only for gold dinars. It is an idea that would shift the economic balance of the world. A country's wealth would depend on how much gold it had and not how many dollars it traded. And Libya has 144 tons of gold. The UK, for example, has twice as much, but ten times the population. Original Source: rt.com
Ideas That Changed the World 7 of 10 - Economy 1 of 2 - BBC Science DocumentaryMay 17, 2012
Ideas That Changed the World 7 of 10 - Economy 1 of 2 - BBC Science Documentary, recorded 27.11.2010 Responsibilites for the project included designing and building the web platform, uploading and syndicating the content, running a weekly blog and debate forum, and manaing the social media platforms. About the series: Our world has been transformed by inspired ideas that we take for granted. Wherever we go, whatever we eat, however we live, it has all been shaped by Eureka moments. And these ideas are continuing to shape our future, the ideas that changed our world. Ideas That Changed The World reveals the innovative ideas that have dramatically changed our lives and enhanced the world we live in. The jet engine; radio waves; concrete; antibiotics -- these are just some of the world-changing ideas explored in this engaging journey through the history of man's inventions and discoveries, all of which have shaped our understanding of the world and affect our daily lives. Over the course of six programmes, the series contemplates the impact these great ideas will continue to have on our future, and how they came to be world changing ideas in the first place. Their unique stories are told by experts who have been inspired and those whose work follows in the footsteps of the men and women whose great ideas changed the world - an international cast of top scientists, architects, historians, physicians and business leaders. Our 'Champions' include New York chef David Chang ...
Signature Lecture with Jeff Rubin: "Oil and the End of Globalization"May 13, 2012
What do subprime mortgages, Atlantic salmon dinners, SUVs and globalization all have in common? They depend on cheap oil. According to Jeff Rubin, we are poised on the brink of massive change. Dependent as it is on cheap oil, our global civilization is about to get the shock of its life. Systems of trade, of finance, of shipping and manufacturing, of labor and international relations are all about to be rearranged. Get ready for a new world—one in which domestic manufacturing will be reinvigorated and the products and services we still enjoy will start coming from places much closer to home. There will be winners as well as losers when the age of globalization comes to an end. Distance will soon cost money, and so will burning carbon—both will bring long-lost jobs back home. We may not see the kind of economic growth that globalization has brought, but local economies will be revitalized, as will our cities and neighbourhoods. Whether we like it or not, our world is about to get a whole lot smaller.
Davos Annual Meeting 2009 - Rebooting the Global EconomyApr 01, 2012
www.weforum.org 31.01.2009 Rebooting the Global Economy The assumption that Europe, Japan and the United States could fend off recession at home by increasing exports to BRIC economies has been proved wrong along with the grander notion about the decoupling of emerging markets. As global trade continues to decrease along with commodity prices, what should be done differently by governments and industry to jump-start global economic growth? Angel Gurría, Secretary-General, Organisation for Economic Co-operation and Development (OECD), Paris Gloria Macapagal Arroyo, President of the Philippines Yoshihiko Miyauchi, Chairman and Chief Executive Officer, Orix Corporation, Japan John Monks, General Secretary, European Trade Union Confederation (ETUC), Brussels Joseph E. Stiglitz, Professor, Columbia University, USA Abhisit Vejjajiva, Prime Minister of Thailand Moderated by Matthew A. Winkler, Editor-in-Chief, Bloomberg News, USA
Davos Annual Meeting 2009 - Latin America's Economic ImperativeMar 11, 2012
www.weforum.org 30.01.2009 Latin America's Economic Imperative Driven by macroeconomic stability and strong commodity prices, Latin America experienced GDP growth of over 5% per annum during the past years and has reduced poverty rates by almost 10% on average. How can the region ensure that the economic and social progress achieved so far during this decade is not undermined by a deep global economic recession? Felipe Calderón, President of Mexico José Miguel Insulza, Secretary-General, Organization of American States (OAS), Washington DC Alvaro Uribe Velez, President of Colombia Chaired by Ernesto Zedillo Ponce de Leon, Director, Yale Center for the Study of Globalization, Yale University, USA; Member of the Foundation Board of the World Economic Forum; Chair, Global Agenda Council on the Global Trade Regime
Brazil - a new era (long version)Mar 11, 2012
Brazil is the 10th largest economy in the world, representing 75% of Mercosurs GDP and accounting for around 1.5 % of world trade over the last 20 years. It is the main player in South America, with over half of the regions GDP and population. For the EU, Brazil is the most important market in South America. Relations go both ways - Brazilian exports to the EU have seen a steady increase and have doubled in 5 years. But EU - Brazil relations go beyond economic trade; they share common goals on issues like climate change and other key environmental challenges. July 2007 ec.europa.eu
Brazil - a new eraJan 30, 2012
Brazil is the 10th largest economy in the world, representing 75% of Mercosurs GDP and accounting for around 1.5 % of world trade over the last 20 years. It is the main player in South America, with over half of the regions GDP and population. For the EU, Brazil is the most important market in South America. Relations go both ways - Brazilian exports to the EU have seen a steady increase and have doubled in 5 years. But EU - Brazil relations go beyond economic trade; they share common goals on issues like climate change and other key environmental challenges. July 2007 ec.europa.eu
G20 sets up NWOMay 09, 2012
As the G20 summit got under way in South Korea, President Obama voiced confidence that leaders would agree on steps for balanced and sustainable global economic growth. However, if you listen closer you might hear what is really going on. According to Author Jeffrey Grupp the New World Order (NWO) is hard at work making all the economic decisions for the world's economies.
East beats West? Is the East taking over the world? with Prof. Danny QuahMar 27, 2012
The LSE Big Questions lecture Speaker: Professor Danny Quah Recorded on 30 June 2011 in Sheikh Zayed Theatre, New Academic Building. Your clothes, trainers, Xboxes, TVs and much, much more are all made in the East. And by selling us all this stuff, countries such as China and India are becoming wealthier and more powerful than ever before. But if the East is becoming stronger -- is the West becoming weaker? Should we be scared by this? What does it mean for you anyway? In a highly interactive lecture for schools, Professor Danny Quah will explore how the world is changing, with countries such as China and India becoming wealthier and more powerful than ever before. Using simple ideas from economics, he will explain why this is happening and what it means for our future. The lecture is most suitable for students in Year 9, and more motivated students in Years 7 and 8 and has been designed with elements of the KS3 citizenship curriculum in mind. It will give students an understanding of: * How the East's economic power is growing and what this means for Western countries such as the UK, and potentially for the students themselves * The importance of viewing the changes in local, national and global contexts, whilst also taking into account moral, historical and social dimensions of the changes * What an economy is and how trade works * The benefits of economic development for a country * How economics provides a useful way to interpret the world Danny Quah is Professor of ...
Davos Annual Meeting 2011 - What Is the New Economic Reality?Feb 21, 2012
www.weforum.org 26.01.2011 The notion of a "new normal" is premature given the fragility of the global economy, but the elements of a new economic reality appear to now be in place. In partnership with the World Economic Forum, Time magazine hosts this debate focusing on the elements of the new economic reality. • Azim Premji, Chairman, Wipro, India • Nouriel Roubini, Professor of Economics and International Business, Leonard N. Stern School of Business, New York University, USA; Global Agenda Council on Fiscal Crises • Sir Martin Sorrell, Chief Executive Officer, WPP, United Kingdom • James S. Turley, Chairman and Chief Executive Officer, Ernst & Young, USA • Min Zhu, Special Adviser, International Monetary Fund (IMF), Washington DC; Member of the Foundation Board of the World Economic Forum; Regional Agenda Council on China Moderated by • Michael J. Elliott, Editor, Time International, and Deputy Managing Editor, Time Magazine, USA
Why the World Isn't FlatMay 13, 2012
According to the conventional wisdom popularized by Thomas Friedman, countries can grow rich only by means of unfettered capitalism and pure free trade. In his controversial book, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism, Ha-Joon Chang takes aim at this orthodoxy. Combining irreverent wit with scholarly rigor, Chang shows that nations like the US that achieved their present wealth by means of economic nationalism now preach an entirely different set of policies to the developing world, via the World Bank, International Monetary Fund and World Trade Organization. Chang calls on us not only to re-evaluate the policies we promote to countries seeking to grow rich, but also to become reacquainted with our own forgotten economic history. Ha-Joon Chang has been described by one economist as "the most exciting thinker our profession has turned out in the past fifteen years." He teaches at Cambridge University, where he received his Master's degree and doctorate. A consultant for the Wold Bank, the Asian Development Bank, the UN and other international organizations, he was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought in 2005. His book Kicking Away the Ladder: Development Strategy in Historical Perspective (2002), which received the Myrdal Prize, was acclaimed by the eminent MIT economist Charles Kindleberger as "a provocative critique of mainstream economists' sermons directed to developing countries."
