Published on: Tuesday, February 04, 2014
"Why is the world economy not doing better? Have things gone wrong because the politicians have failed?" asked Gordon Brown, Prime Minister of the United Kingdom from 2007 to 2010, at the most recent World Business Forum in New York. America and Europe no longer have most of the world’s economic power. The emerging markets and the developing world now hold that position, causing great economic turmoil as we adjust to the transition.
The United States, followed by Europe, used to have the majority of the world's consumer spending power; now with that spending power being dispersed worldwide, companies are reorienting their strategies to Asia, Latin America, and, in time, to Africa. "This is part of the huge social transformation that is going to dominate the rest of our lives. It is the growth of a global middle class," said Brown.
Published on: Tuesday, April 24, 2012
Bill Clinton is uniquely qualified to offer perspective and potential solutions for bolstering the American economic system. His eight years in the White House have been followed by global volunteer work in places like Haiti, while his wife, Hillary Clinton, attends to her duties as Secretary of State.
"I'd like to give you framework for which I view the world, including the current economic crisis, not so you can agree with me but so you can form your own framework," the former president offered at the 2011 World Business Forum, where ExecuNet exclusively reported,. "We're experiencing the political equivalent of chaos theory in physics. It's inherently confusing and in need of clarity."