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A Look Back at Private Sector Responses to the Global Economic Crisis

Ihssane Loudiyi's picture

As the world is showing signs of recovery from the global financial crisis, countries and businesses must more than ever show caution and follow best practices in order to fully recover from the effects of the crisis and maintain sustainable growth.

As part of the series of Global Dialogues on "Responses to the Global Economic Crisis" organized by the World Bank Institute (WBI), WBI also hosted a series of videoconference dialogues targeting private sector practitioners and other relevant stakeholders from around the world to discuss corporate response to economic slowdown.

The first of such videoconferences brought together participants from multiple countries, including Brazil, Ghana, Kenya, Russia, Saudi Arabia, South Africa, and the United States. Business leaders and other stakeholders came together from different regions to learn from one another's experiences and to identify some concrete actions that can help take solutions to scale and/or transfer models across regions and industries. Below are some videos that show some of these private sector responses to the crisis, more specifically from Saudi Arabia and Ghana.

Jamal Khashoggi, Editor in Chief for Al Watan Newspaper shares his views on the effects of the crisis on Saudi Arabian businesses:


 
Emmanuel Doni-Kwame, Head of Marketing of Trade & Investment Promotion in the Ghana National Chamber of Commerce and Industry expresses his views:


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