As the world continues to grapple with the unprecedented global health crisis of COVID-19, the scale of the related global economic crisis is becoming increasingly clear. We are facing the sharpest economic contraction since the Great Depression in the 1930s, according to the United Nations – threatening to roll back decades of progress in the fight against…
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Two colleagues—one Asian-American, the other African-American—board a small plane. A flight attendant tells them they can sit anywhere, so they choose seats near the front of the plane and across the aisle from each another so they can talk. At the last minute, three white men enter the plane and take the seats in front…
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The pandemic has focused attention on how dependent we all are on what happens in other parts of the world for the products we use every day. As businesses look to reinvigorate their operations after the crisis, current innovations in sustainability certification can help build more resilient supply chains through a stronger focus on continuous improvement, transparency and shared responsibility.
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President Trump on Monday extended a freeze on green cards for new immigrants and signed an executive order to suspend new H-1B, L-1, J and other temporary work visas for skilled workers, managers and au pairs through the end of the year. The goal of the move is to protect 525,000 jobs as part of…
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Clearly, the will to build a better society does exist. We must use it to secure the Great Reset that we so badly need.
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The COVID-19 crisis has affected societies and economies around the globe and will permanently reshape our world as it continues to unfold. While the fallout from the crisis is both amplifying familiar risks and creating new ones, change at this scale also creates new openings for managing systemic challenges, and ways to build back better.…
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COVID-19 is amplifying the risk of a worldwide food-price spike, which would trigger crises in many developing countries.
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In a time when many are confronting both increased solitude and increased anxiety, familiar music provides reassurance because it reminds us who we are as people. Whether it is a hit we danced to with our teenage friends, or a haunting orchestral piece our grandmother played, music lights up memories of our past selves.
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For many workers, the lockdown has hurried the arrival of the “future of work”, a term invoked in recent years in relation to the opportunities and challenges of technological disruption and the structural economic factors that determine the quality of livelihoods.
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“We started by saying that lives are important and we have to save lives. Today we are at equilibrium and we’re saying lives are important, but livelihoods are also important.” On the economic implications: “This time I don’t think we’re going to go back to the normal conduct that we see after a typical recession.…
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