The European Investment Bank (EIB) and World Economic Forum have issued a call to action for social inclusion to be put at the heart of EU economic policy. It comes as a new joint White Paper by both organizations, with contributions from the think tank Bruegel, is launched to make the case for more private-public sector partnership to drive a more inclusive approach to growth in Europe.
The World Economic Forum has signed an agreement to boost multistakeholder cooperation on environmental policy with the China Council on International Cooperation on Environment and Development, an influential advisory body to China’s State Council. The CCICED includes Chinese and international experts.
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At the World Economic Forum Annual Meeting 2017, ministers of G20 countries called on members to continue on the path of inclusive growth, warning against protectionism. “If you want to get more inclusive growth, you need more free trade,” said Wolfgang Schäuble, Federal Minister of Finance of Germany, which holds the G20 presidency. Schäuble added that the G20 should be redoubling efforts to promote inclusive growth as part of free trade.
After years of relentless focus on costs, settlements and regulations, the future of banking is looking brighter, agreed panellists in a session at the World Economic Forum Annual Meeting. On the regulatory front, the majority predicted a significant paring-back of regulatory regimes such as Dodd-Frank, the Volcker rule and Basel IV.