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Growth

The challenge of resilience in a globalised world

Date of Editorial Board meeting: 
Publication date: 
Tuesday, October 20, 2015
Abstract in English: 
The challenge of resilience in a globalised world discusses the concept of resilience from different perspectives and the role of science in the continuous process of building a resilient, stable, competitive and prosperous Europe.

Resilience is a fundamental prerequisite for Europe as the largest integrated economic area in the world and has an important social dimension which requires the active cooperation of all stakeholders; citizens, the private sector, governments and NGOs included.
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76
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Towards a new pact for Europe

Date of Editorial Board meeting: 
Publication date: 
Wednesday, October 1, 2014
Abstract in English: 
This second report is designed to feed into the on-going discussions about the Union’s future as the new EU leadership team takes charge. It aspires to contribute to the debate on how to introduce ambitious while at the same time workable and realistic reforms to make the EU more effective in responding to the challenges Europeans are facing.
The report will be discussed again in a majority of Member States with policy-makers, EU experts, stakeholders and citizens (Phase IV), and the outcome of this process will impact the future progress of the New Pact for Europe initiative.
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53
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Alternative Investments 2020: The Future of Alternative Investments

Date of Editorial Board meeting: 
Publication date: 
Monday, November 2, 2015
Abstract in English: 
This report examines the forces driving today’s alternative investment industry and considers where these may take the industry in the coming years, focusing on the core asset classes of private equity buyouts, hedge funds and venture capital. Alternative investment has matured over the last 30 years and is gradually becoming part of the mainstream financial industry, garnering greater attention and acceptance from both regulators and the general public. However, it is also entering a period of considerable growth and change due to the influence of macroeconomic drivers, post-crisis financial industry regulation, and two critical industry trends: the increasing sophistication of institutional investors and the rise of retail investors as an important source of capital.
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59
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Risk Nexus - Overcome by cyber risks? Economic benefits and costs of alternate cyber futures

Date of Editorial Board meeting: 
Publication date: 
Thursday, September 10, 2015
Abstract in English: 
In 2030, will the Internet and related information and communications technologies (ICT) continue to drive global innovation and prosperity? Or, will that bright promise be swamped by an unstable and insecure Internet, so overwhelmed by non-stop attacks that it has become an increasing drag on economic growth? The answers, as far as we can predict, are not promising and mean the difference in tens of trillions of dollars in global economic growth over the next fifteen years.
So far, cyberspace has been safe enough, secure enough, and resilient enough for the past decades to re-invent nearly every industry, create a ’hyperconnected world,’ and transform the global economy.
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40
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Shaping Globalization – Expanding Partnerships – Sharing Responsibility

Date of Editorial Board meeting: 
Publication date: 
Thursday, November 1, 2012
Abstract in English: 
The world is becoming increasingly multipolar. States that were long thought of as developing or newly industrialized countries are now an influential force in shaping international policy in an interdependent world. They are economic motors and key regional players, active beyond their own regional boundaries. They also play an increasingly important role in international decision-making processes. They are confidently taking their place on the world stage, in international relations, and are assuming ever more responsibility for global issues. In our view they are more than just emerging economies. They are new players with a voice in the conduct of world affairs.
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68
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Shaping Germany's Future

Date of Editorial Board meeting: 
Publication date: 
Saturday, February 1, 2014
Abstract in English: 
In recent years, Germany's economy has outpaced nearly all other countries in Europe. The economy is entering its fifth year of growth in succession, employment is at a record level, state and social insurance revenues have increased, thereby significantly reducing strain on the national budget, and new borrowing by the Federal Government has been reduced to almost zero. Germany is in good shape – thanks, among other things, to a targeted reform policy undertaken in the past. Our country was able to respond decisively to the international financial crisis and resulting economic slump, as well as the debt crisis in Europe. Politicians reacted by creating the framework Germany’s citizens utilised intentionally. Collective bargaining partners safeguarded jobs by acting responsibly. Together, we were able to ensure that our country emerged stronger from the crisis. These are grounds to be confident.
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119
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Regional Economic Outlook: Sub-Saharan Africa

Date of Editorial Board meeting: 
Publication date: 
Wednesday, April 1, 2015
Abstract in English: 
Sub-Saharan Africa’s economy is set to register another year of solid economic performance, expanding at 4½ percent in 2015. This said, the expansion will be at the lower end of the range registered in recent years, mainly reflecting the adverse impact of the sharp decline in oil and other commodity prices.
The effect of this shock will be quite heterogeneous across the region. The region’s eight oil exporters will be hit hard and, with limited buffers, are expected to effect significant fiscal adjustment, with adverse implications for growth. For much of the rest of the region, near-term prospects remain quite favorable, with many countries benefiting from lower oil prices—although, for a number of them, this positive effect will be part offset by the decline in the prices of other exported commodities. Notable exceptions are South Africa, where growth is expected to remain lackluster, held back by continuing problems in the electricity sector, and Guinea, Liberia, and Sierra Leone, where the Ebola outbreak continues to exact a heavy economic and social toll.
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123
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At the Center of Africa’s Transformation: Strategy for 2013–2022

Date of Editorial Board meeting: 
Publication date: 
Friday, November 1, 2013
Abstract in English: 
Africa is now the world’s second fastest-growing continent. In this decade of seismic shifts in the global economy, Africa has defied the pessimists, accelerating its economic pulse and seeing significant improvements in its Human Development Indicators. But these positive developments have been tempered by a crisis in jobs, youth unemployment and growing inequality. These are now the challenges. Growth must bring jobs and opportunities for all. That will happen if growth is sustained and leads to the structural change and economic transformation that will enable the continent to join global value chains. It will do this by closing the infrastructure gap, speeding up economic integration, dealing with conflicts old and new, and developing human capital.
This is what makes the next decade so decisive. This is what makes this new Bank Strategy for 2013–2022 so vital.
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44
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The Arctic, Ocean for the Future for the security and the strategic autonomy of the EU

Title Original Language: 
L’arctique, océan d’avenir pour la sécurité et l’autonomie stratégique de l’Union européenne
Abstract Original Language: 
25 millions de kilomètres carrés, du pétrole, du gaz et de très nombreuses autres ressources minérales situées dans une zone qui pourrait être au cœur du trafic maritime mondial dans quelques décennies, l’Arctique est une zone critique de la géopolitique mondiale du 21e siècle. Dès lors, quelle place et quelle stratégie pour l’Union européenne dans cet espace ? Le rapport disponible ci-dessous a vocation à établir une description de la situation géostratégique et des grands enjeux de cette région ainsi qu’à mettre en perspective le rôle que l’Union européenne pourrait jouer dans les prochaines années.
Original Language: 
Date of Editorial Board meeting: 
Publication date: 
Monday, September 1, 2014
Abstract in English: 
During the last decades, global interest for the Arctic, an area of 25 million square km of which 14 million for the Arctic ocean, increased due to the climate change which led to the melting of the ice cap and the thawing of the permafrost. The attention of the global players is attracted not only by energy and natural resources but also by new maritime routes. This creates new environmental challenges and leads to potentially dramatic changes to international trade, which will contribute to the globalization of this area. This evolution is one of the reasons for the growing interest of the large global players for the governance of this area, in the first place of which the People’s Republic of China, India or Singapore.
These changes went not unnoticed by the EU, which, as early as 2002 under the Danish presidency of the Council, showed its intent to be a global actor by introducing the concept of “Arctic window” into its Nordic dimension. As reaffirmed in a resolution of the European parliament in March 2014, this concern was endorsed last May by the foreign affairs Council, which considered that Europe should reinforce its contribution to the Arctic cooperation. It pleads “for an active commitment of the EU with its Arctic partners in view of meeting the challenges of sustainable growth, in a prudent and reasonable way”.
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6
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World Urbanization Prospects

Date of Editorial Board meeting: 
Publication date: 
Saturday, November 1, 2014
Abstract in English: 
oday, 54 per cent of the world’s population lives in urban areas, a proportion that is expected to increase to 66 per cent by 2050. Projections show that urbanization combined with the overall growth of the world’s population could add another 2.5 billion people to urban populations by 2050, with close to 90 percent of the increase concentrated in Asia and Africa, according to a new United Nations report launched today.

The 2014 revision of the World Urbanization Prospects by UN DESA’s Population Division notes that the largest urban growth will take place in India, China and Nigeria. These three countries will account for 37 per cent of the projected growth of the world’s urban population between 2014 and 2050. By 2050, India is projected to add 404 million urban dwellers, China 292 million and Nigeria 212 million.
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32
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