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Weekly Wire: The Global Forum

Roxanne Bauer's picture

These are some of the views and reports relevant to our readers that caught our attention this week.

#Davosproblems: The financial crisis isn‘t over, and the inequality crisis is just beginning
Quartz
The World Economic Forum’s annual meeting has kicked off in Davos, Switzerland under the banner of “The New Global Context.” Falling in the long shadow of the financial crisis, the WEF’s theme reflects as much hope as a creeping sense that economic turmoil is the new normal. Some seven years into the current crisis, the participants at Davos are acutely aware that the world economy still hasn’t recovered its past momentum.

The Power of Market Creation, How Innovation Can Spur Development
Foreign Affairs
Most explanations of economic growth focus on conditions or incentives at the global or national level. They correlate prosperity with factors such as geography, demography, natural resources, political development, national culture, or official policy choices. Other explanations operate at the industry level, trying to explain why some sectors prosper more than others. At the end of the day, however, it is not societies, governments, or industries that create jobs but companies and their leaders. It is entrepreneurs and businesses that choose to spend or not, invest or not, hire or not.

The Business of Creativity: Seeking Value in the Digital Content Ecosystem
World Economic Forum
The internet has had a significant impact on the media, entertainment and information industry. Constantly evolving technologies and the accelerating pace of innovation will require more fluid modes of content creation and distribution. Norms and Values in Digital Media explores how digital content has introduced opportunities for creating, sharing and distributing content, while revealing tensions in copyright systems. The report highlights recent innovations in the digital content ecosystem, illustrates how such innovations impact copyright systems, and explores the legal, technical and societal changes needed to foster the ongoing innovation of online content.
 
Technology and people power: 5 ways to shape the sustainable development goals
The Guardian
After 15 years of the millennium development goals (MDGs), a new era in global development is almost here. The sustainable development goals (SDGs) are set to take over and with them comes a call for a more inclusive approach to development design.  The SDGs arrive at an interesting time. New innovations in technology are not only revolutionising how we communicate, they are also forcing us to redefine how citizens engage with the structures that govern their lives. Before us is a unique opportunity to leverage this sea change and reverse a long-standing bias, that those at the bottom of the development pyramid can only be rescued by solutions from those at the top.
 
Transparency: Who does it hold accountable?
International Growth Center
Transparency and accountability of government are considered core institutions for political and economic development. Yet, an issue that often gets obscured is whether by increasing information provision, and thus further enabling private citizens’ to help themselves, greater transparency actually relieves government officials of certain responsibilities
 
Jump-Starting Inclusive Growth in the Most Difficult Environments
Brookings
The start of the 21st century has been an auspicious period for global economic development. Developing economies have, on average, enjoyed faster rates of growth, lifting hundreds of millions of people out of extreme poverty. As a result, the first UN Millennium Development Goal—to halve the rate of extreme poverty between 1990 and 2015—was achieved seven years ahead of schedule.  Yet in a number of countries, growth has been fitful or has failed to take off€ entirely. And in others, growth has only benefited the few, leaving certain populations or subnational regions impoverished. In many cases, these places face structural challenges to growth such as conflict, a high exposure to shocks, weak institutions and governance, or entrenched discrimination.



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