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Reinventing Globalisation: A new world order?

January 17th, 2023, 13:30 to 14:10

In an increasingly fragmented world, ‘deglobalisation’ is on top of everyone’s minds with the reimagining of global capitalism. But is it really deglobalisation, or the beginning of a new global order?

Globalisation is at an inflection point. Following China's entry into the World Trade Organisation in 2001, global supply chains expanded rapidly around the world in a period that some have referred to as hyper-globalisation. Multinational companies from many nations, particularly those in the developed world, built factories and supply chains in all corners of the globe. China's economy also expanded rapidly in the 2000s and became central to many of these supply chains.

Despite the rapid expansion of supply chains, a backlash was forming against this form of globalisation. Voters in advanced economies started pushing back against free trade agreements (FTAs) and the political support for FTAs started to crumble. This trend was typified in the early stages of the Trump administration when they pulled out of the Trans-Pacific Partnership, a proposed trade agreement between 12 Pacific-rim nations. This move was followed by the US-China trade war leading to fears of decoupling between the world's two largest economies.

The Covid-19 pandemic added to these disruptions. Supply chains came under immense pressure and companies shifted the location of their supply networks in an effort to build resilience. While these shifts in supply chains are still underway, a greater regionalisation of these networks is emerging. With this backdrop, there are major questions over the future of globalisation which this panel addressed:

Is the period of hyper-globalisation really over or will we see a return to expanding global supply chains?

Will the war in Ukraine lead to greater fragmentation in the global economy?

What are the economic consequences of a fragmented global economy?

If deglobalisation can be avoided, what does a chapter of new globalisation look like? Who will lose and who benefits from a new form of globalisation?

Speakers
James X. Zhan

James X. Zhan
Senior director of investment and enterprise, United Nations Organization on Trade and Development (UNCTAD)

Dr. Roopa Gandhi

Dr. Roopa Gandhi
President & Founder, GEP

Moderator
John Ferguson

John Ferguson
Practice lead for New Globalization, Economist Impact

 

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Managing Risk across the Sustainability Landscape

January 17th, 2023, 14:15 to 15:00

Amid a plethora of macroeconomic and geopolitical issues facing governments and businesses worldwide, there is a risk that sustainability priorities may take a backseat. But sustainability considerations are increasingly intertwined with future economic growth and geopolitical security. High oil prices and energy disruptions resulting from the war in Ukraine are forcing a rethink of energy sources and resilience. Food and water security are receiving similar consideration. How do we ensure sustainability remains at the forefront of our decisions in a fragmented, risk-filled world?

In a thought-provoking session, Economist Impact led a discussion on the risks to sustainability against a turbulent macroeconomic and geopolitical landscape. Global leaders joined together to share their perspectives as we explored the following questions

How can policymakers and business leaders prioritise sustainability against other risks they face? How can they think about sustainability risk differently?

Which sustainability priorities are most likely to be at risk in the current economic and geopolitical climate?

Are governments and corporations forming "climate alliances" to manage risk? Is "friendshoring" relevant to navigating climate challenges?

What are the risks of inaction, of ignoring sustainability amid other crises?

Speakers
James McCall

James McCall
Chief Sustainability Officer, HP

Jasmeet Singh

Jasmeet Singh
EVP and Global Head of Manufacturing, Infosys

Rodney Clark

Rodney Clark
VP and Chief Commercial Officer, Johnson Controls

Moderator
Melanie Noronha

Melanie Noronha
Senior Manager, Economist Impact

 

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Global 500 Launch 2023: Great Innovation Makes Great Brands

January 18th, 2023, 9:30 to 10:30

At this exclusive event, we unveiled the findings of Brand Finance’s 17th annual study on the world’s 500 most valuable and strongest brands. Brand Finance also hosted a panel discussion with global leaders on the topic “Great Innovation Makes Great Brands”. Here, they discussed how the world’s brands have coped with the challenges following the COVID-19 pandemic and the rise in virtual collaboration. Together, we also explored which brands are growing faster and which are struggling to advance. Looking ahead, we considered how innovation is key to driving economic growth and supporting sustainability efforts.

Speakers
Sumit Virmani

Sumit Virmani
EVP and Global Chief Marketing Officer, Infosys

Hatem Dowidar

Hatem Dowidar
CEO, e&

Kanika Pal

Kanika Pal
South Asia Sustainability Director, Unilever

Moderator
David Haigh

David Haigh
Chairman and CEO, Brand Finance Plc

 

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The CMO as a Great Connector

January 19th, 2023, 9:30 to 10:30

Research claims the role of marketing is to be less brand protector and more brand connector. Infosys and Business Insider presented “The CMO as a great connector”. This interactive panel conversation focused on the integral and ever evolving role chief marketing officers hold and how they are a driving force in navigating demanding times of market uncertainties and geopolitical challenges.

Speakers
Melissa Brotz

Melissa Brotz
Vice President Global Marketing and External Affairs, Abbott

Sarah Franklin

Sarah Franklin
CMO, Salesforce

Sumit Virmani

Sumit Virmani
EVP and Global Chief Marketing Officer, Infosys

Valérie Beaulieu-James

Valérie Beaulieu-James
Chief Sales and Marketing Officer & Executive Committee member, Adecco Group

Moderator
Cadie Thompson

Cadie Thompson
Executive editor for business, Insider

 

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How Much Does A Dollar Cost?

January 19th, 2023, 13.00 – 14.00

If you had one dollar and only one dollar – how would you spend it to make a return?

This is a challenge many families are facing as the cost-of-living increases, food sources are becoming increasingly scarce, and conflict moves into protracted timelines. At least two-thirds of households with children have lost income since the COVID-19 pandemic according to the World Bank. Lost income has a multitude of effects, each one detrimental to the future and wellbeing of children. We know that 1 in 4 households with children are going without food for a day or more.

The Ukraine war has had knock-on effects for the whole world. Many countries that were dependent on Ukraine for grain such as Yemen, Somalia and Sudan, now face added complexity when it comes to food security. Climate change, coupled with the war, is crippling the future of the next generation.

Poverty and food insecurity are two of the biggest barriers to education. 70% of the world’s 10-year-olds are in “learning poverty”, unable to read or understand a simple text. If a child lacks basic literacy and numeracy skills, we know that their life will be severely compromised and result in unrealised potential.

So, if you had a dollar, how would you invest it to make a difference in the world?

Every child has the right to be safe, in school and learning. Street Child x Infosys joined together for a high-level, private roundtable.

Speakers
Tom Dannatt

Tom Dannatt
CEO & Co-founder, Street Child

H.E. Dr. Tariq Al Gurg

H.E. Dr. Tariq Al Gurg
CEO and Vice-Chairman, Dubai Cares

Anand Swaminathan

Anand Swaminathan
EVP and Global Industry Leader - Communications, Media and Technology, Infosys

Lucinda Dannatt

Lucinda Dannatt
Director; Development & Policy and Co-founder, Street Child

Enrique Rodriguez

Enrique Rodriguez
Executive Vice President & Chief Technology Officer, Liberty Global