Please click here if this newsletter looks incorrect

 
 
 
 

Newsletter of June 16, 2020

Cities find new ways to deal with globalization – a new GED series focuses on finding out more about their strategies.

 

Aalborg – Sustainability is in the focus

The corona crisis shows that resilience on many levels is necessary for cities to cope with future challenges. Up in the very north of Denmark, Aalborg’s sustainability strategy is central to the city and a step in this direction as it gives guidance for the green transition and points the way to a modern economy.

read more

 

Zurich - open-minded and internationally engaged

With Zurich by far the largest city in Switzerland, city management finds it essential to position the city as an open-minded, internationally engaged city – self-confident in the Suisse federal system.  A means to express that is the current city strategy “Strategies Zurich 2035”  which pursues a holistic approach to tackle the diverse challenges confronting the City of Zurich.

read more

 

Cities and Globalization - Mannheim

Broad participation and international engagement

Key to Mannheim’s straightforward strategy is the United Nation’s 17 Sustainable Development Goals (SDGs). They lay the foundation for the Mannheim’s seven main strategic objectives in their Mission Statement Mannheim² 2030. The consideration of the SDGs also emphasizes Mannheim’s understanding that the local level is important to solving global challenges.

read more

 

Coronavirus Crisis versus Lehman bankruptcy: a preliminary comparison

The global economic crisis triggered by the spread of the coronavirus (COVID-19) is already the third major economic crisis of this century after the Lehman bankruptcy in 2008/09 and the bursting of the dotcom bubble in the early 2000s.

read more

 
 
 

How to respond to global supply chain disruptions caused by Covid-19?

The corona pandemic illustrates the fragility of global supply chains and the risks of supply chain disruption. In the future, many companies will pay more attention to planning their supply of inputs not only in terms of efficiency but also in terms of increased risk management. This results in a conflict of objectives between efficiency and resilience. The boost in the use of digital technologies could at least partly resolve this conflict of objectives.

read more

 

Is CoVid-19 the Cure for Sick Services?

Long before CoVid19, services have been sick. Productivity was low because the adoption of new technologies was sluggish. Are services make up a large part of the economy, this is dragging down growth across the board.

read more

 

Economic consequences of the corona pandemic for developing countries and emerging markets

The spread of the coronavirus is causing enormous socioeconomic damage worldwide especially for developing countries and emerging markets. In the following post, we explore and discuss some of the main economic effects of the coronavirus pandemic in these countries.

read more

 
 
 

Riga – Resilience is on the Agenda

Located in an inlet of the Baltic Sea, the City of Riga is central to the Latvian economy as one-third of the Latvian population lives in the city and half in the metropolitan area. Therefore, Riga’s strategy promotes the importance of Riga to represent Latvia internationally. 

read more

 

Coronavirus Crisis Italy: An Economic Disaster in 5 Charts

Eleven years later, in 2019, Italy had still not yet reached the real economic output it had before the Lehman bankruptcy. Now the country is again suffering above-average economic consequences from the Corona pandemic. The already high national debt is rising. Credit-ratings are under considerable pressure.

read more

 

World class patents in cutting-edge technologies

Who is leading the world in intellectual property? Our new study sets out to answer this question by focusing on the most important patents in fields of research which will be crucial for future prosperity. The result: The United States is the dominant patent superpower, but China is catching up fast. Europe, meanwhile, slowly but surely drops down the order. 

read more

 
 
 

World class patents in cutting-edge technologies: East Asia

East Asia has three different stories when it comes to world class patents in cutting-edge technologies: One each for China, South Korea, and Japan. In particular China and South Korea have shown a unique increase in innovation power during the last two decades. Here is a summary of the findings from our new study

read more

 

Not the end of history

Capitalism may rule the world - but it needs to become a better version of itself!

The Covid19 crisis has made inequality scholar Branko Milanovic’s 2019 book more relevant. He describes capitalism’s ubiquity and its implications for society with a sobering economic analysis.

read more

 

Good Economics for Hard Times: It is all about the bigger picture

The book ‘Good Economics for Hard Times’ by 2019 Nobel Prize winners Abhijit V. Banerjee and Esther Duflo is a walkthrough of past decades’ central contributions to the economic literature. It introduces the concept of “randomized controlled trials” to a broader audience. In light of the current corona crisis, their ideas have become highly relevant.

read more

 
 
 

 

About Global Economic Dynamics (GED):

We help make complex economic dynamics transparent and understandable.

The project examines the causes and effects of economic trends, as well as the connections linking one trend to another.

 

To change your profile or subscribe to more Bertelsmann Stiftung newsletters, click here.

 

Forwarded this e-mail by a friend? Click here to subscribe to the GED project newsletter.

 

To unsubscribe from this newsletter, click here.

 

Andreas Esche

Director, Program Megatrends

 

Bertelsmann Stiftung

Carl-Bertelsmann-Str. 256

33311 Gütersloh

Germany

Tel: +49 5241 81-81333

Fax: +49 5241 81-681333

E-mail: ged@bertelsmann-stiftung.de

Web: www.bertelsmann-stiftung.de

 

The Bertelsmann Stiftung, based in Gütersloh, Germany, is a nonprofit, private

operating foundation in accordance with Section 1 of North Rhine-Westphalia's Foundation Law.

The district government of Detmold serves as its supervisory authority.

Founder: Reinhard Mohn

Chairman of the Board of Trustees: Prof. Dr. Werner J. Bauer

Executive Board: Dr. Ralph Heck (Chairman), Dr. Brigitte Mohn, Prof. Dr. Daniela Schwarzer