Lord William Hague, Professor Joseph Stiglitz, and other distinguished speakers and guests gathered to assess the world economy and discuss geopolitical risks at the recent Doosan Global Business Forum, held alongside The Open Championship at Royal Troon Golf Club in Scotland.
Presentations were also delivered on the infrastructure development outlook in Asia and implications of the new climate regime on the infrastructure sector.
Prominent speakers included Lord Hague, the former British Foreign Secretary; Joseph Stiglitz, Professor of Economics at Columbia University; Chang Yong Rhee, Director of the Asia and Pacific Department of the International Monetary Fund (IMF); Juan Miranda, Managing Director General of the Asian Development Bank (ADB); Sir Danny Alexander, Vice President of the Asian Infrastructure Investment Bank (AIIB); Amitabh Kant, CEO of NITI Aayog and former Secretary of the Department of Industrial Policy and Promotion in India; H.E. Felipe Calderón, Chair of the Global Commission on the Economy and Climate and former President of Mexico; and Arun Majumdar, a former Undersecretary of the U.S. Department of Energy.
In his special remarks, Lord Hague shed light on geopolitical risks that particularly require global attention and their impact on the world economy.
In the first session, Professor Stiglitz, a Nobel Prize-winning economist, and Dr. Chang Yong Rhee presented their prospects for the global economy and discussed the short- and long-term global economic trends highlighting North America, Europe and Asia.
In the following session on the Asian infrastructure industry, Sir Danny Alexander and Juan Miranda spoke about the challenges and opportunities that the infrastructure businesses are facing in Asia. Amitabh Kant also touched upon India’s reforms and innovations to improve the infrastructure.
The last session dealt with the implications of the Paris Agreement on industries in the era of the new climate change regime. H.E. Felipe Calderón and Professor Majumdar shared their prospects for the future low-carbon energy economy and the implications of the new climate change regime on the infrastructure business.
Founded in 2012, Doosan Global Business Forum has become an annual event in which global leaders including eminent economists and CEOs of multinational enterprises gather to gain valuable insights on the global business environment.
Previous participants include politicians such as: Tony Blair; Lawrence H. Summers, former US Secretary of the Treasury; Condoleezza Rice, former US Secretary of State; and Angel Gurria, Secretary-General of the Organization for Economic Cooperation and Development (OECD)
Influential economists have also taken part, including: Paul Krugman, Professor at Princeton University; Robert Shiller, Professor at Yale University; and Kenneth Rogoff, Professor at Harvard University.
Noted presenters also included JB Straubel, the co-founder and CTO of Tesla Motors.
Visit Doosan at the IMHX Exhibition, 13th – 16th September at the Birmingham NEC. To register for your free ticket, please visit www.imhx.net/register.