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Despite Italy’s GDP drop of almost 9% last year and the 15% loss of worth of its national brand, its top 30 labels managed to increase their value by 11%, reaching a total value of US$114.6 billion. Confirming the findings of previous reports, the Kantar BrandZ 2021 ranking found that the biggest contributor to that figure is the luxury sector.
The entire EU innovation strategy is following a mission-driven approach to make sure the these programmes shape the markets and can also provide concrete benefits to the European people. The recovery will be even more crucial for Italy, where COVID-19 impacted a social and economic system that already had long-term structural problems.
Making matters worse, Italy’s economy has been stagnant for years. To be sure, it remains the world’s eighth-largest economy, with a per capita income of roughly €26,000 ($29,300) and a relatively high gross savings rate of 18% of GDP. But from 2000 to 2015, real GDP shrank slightly, while real per capita income dropped by 0.5%.
Italy is particularly vulnerable to shocks as imports account for three-quarters of its power consumption. Inflated fossil fuel prices are spurring competitive pricing in renewables, which could lead to a major energy transition. To avoid stalling the green transition, governments must take a two-prong approach of incentivizing clean energy ...
The World Economic Forum's Future of Jobs Report 2023 finds that only 35% of companies prioritize workers aged over 55. Japan is getting ever greyer. More than 1 in 10 people in the country are now aged 80 or older, according to the latest national data. Almost a third of its population is over 65 – an estimated 36.23 million.
David Elliott. The G7 Italy Summit focused on issues including Ukraine and Gaza, and international cooperation on artificial intelligence (AI). The group also discussed migration, climate change and the energy transition, and economic security. Pope Francis made a historic appearance at the summit, talking to world leaders about AI.
The World Economic Forum’s Global Risks Report 2024 says the biggest short-term risk stems from misinformation and disinformation. In the longer term, climate-related threats dominate the top 10 risks global populations will face. Two-thirds of global experts anticipate a multipolar or fragmented order to take shape over the next decade.
Leadership and Governance. The Forum strives to model world-class corporate governance, where values are as important as rules. Legitimacy, accountability, transparency and concerted action are the guiding principles of the Forum. The Forum is chaired by Founder and Chairman of the Board of Trustees, Professor Klaus Schwab.
The series was written ahead of the 2019 Annual Meeting of the World Economic Forum in Davos, which focuses on “Globalization 4.0”. In previous pieces, we looked at some winners and losers of economic globalization, the environmental aspect of globalization, cultural globalization and digital globalization. Now we look back at its history.
This is the first meeting of the Group of 20 (G20) since Italy hosted the 2021 G20 summit in Rome. This year’s Group of 20 (G20) summit is being chaired by Indonesian President Joko Widodo, who has hailed the two-day gathering as an opportunity “to build a healthier, more just, and a more sustainable order” in the aftermath of the COVID ...