The Global Economic Outlook | World Economic Forum 2024
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- เผยแพร่เมื่อ 13 พ.ค. 2024
- With the global economy at a crossroads, policy-makers must balance the need for action on growth and inflation with structural imperatives on promoting human development and ensuring an orderly energy transition. READ MORE: str.sg/v2AW
What trade-offs and dilemmas will governments face as they seek to leverage the right economic tools and ensure sustainable, long-term growth?
Speakers:
Tharman Shanmugaratnam
President of Singapore, Office of the President of Singapore
Ngozi Okonjo-Iweala
Director-General, World Trade Organization (WTO)
Mohammed Al-Jadaan
Minister of Finance, Ministry of Finance of Saudi Arabia
Francine Lacqua
Editor-at-Large and Presenter, Bloomberg Television
David M. Rubenstein
Co-Founder and Co-Chairman, The Carlyle Group
Christine Lagarde
President, European Central Bank
Christian Lindner
Federal Minister of Finance, Federal Ministry of Finance of Germany
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The President of Singapore is clear and on the money. Super impressive.
Holding a conference for 100s of attendees + 100s of hangers-on on top of a remote mountain in the alps, at the height of winter, and all in nice business clothes, is an example of global-warming prevention.😅
Bunch of hypocrites😡😡😡😡
🇩🇪🇩🇪 Deutschland hat seine neue Normalität neu erfunden!!! 🇩🇪🇩🇪🇩🇪😻Germany has reinvented 😻😻energy😻😻 Back to lignite mining !!!! 11:07 And let’s have clean energy from Poland while it doesn’t polute dustless German environment !!!! Berlin lociuta, causa finita !!!!
And sketch as heck
À
Thank you Milei for saying everything we would like to these scoundrels
Excess savings especially in the developed world have disappeared
With all the cash splash over covid years, and now excess savings all gone, one should ask:
Where have all that savings gone to?
It basically means the wealth in the economy have funneled into certain powerful groups, with the wealth of the riches few growing significantly.
FROM THE PROPHET FUND, I AM OFFERING TO FUND THE MOVE TO LESSEN CARBON EMISSIONS, INTEREST FREE FOR 5 YEARS THEN THE NEXT YEARS 15 YEARS HALF OF THE PREVAILING INTEREST RATE, TO LESSEN THE BURDEN OF THE GOVERNMENTS TO FINANCE THIS.
IT'S SO NICE SEEING YOU ALL AND HEARING FROM YOUR INFORMATIVE DISCUSSIONS ON THOSE MATTERS!! GOD BLESS
🙏❤️🙏 THIRD GOD, MICHAEL HACHERO AFABLE, THE HOLY SPIRIT
BILL GATES
Bingo
all as intended
AMAZING TO SEE THIS ECONOMIC FORUM COLLAPSING ON MY TV SCREEN.
THE WORLD WOKE UP ALREADY .
yes
Heureusement, c’était temps
Yeeeeessssss 💯
Wasz koniec jest bliski ,my ludzie cenimy sobie zdrowe jedzenie i jesteśmy wolni, z przyjemnością ujrzę wasz koniec, gdyż świat się już obudził.💪💪💪😁😁😁👏👏👏
We must choose either champagne for d few or potable dringkin water for all. Capitalism is e tinonto system, look like u rob d entire cantry and gave it to d few, and d few creating heaven for themselves while hell for d majority. U go back to d creation of e printed paper money and u unlock d lies and deception of e capitalism, sa paggawa ng kwarta na yan binabak-apan yan ng ginto na nakukuha din mismo sa kalupaan sa estado so pag-aari ito ng republika dba? At dahil pag-aari ito ng republika, pag -aari ito ng lahat, now papano naitransfer yang wealth ng republika papunta sa bulsa ng mga capitalista? Explain canstitutionalist,politician,capitalist,profeesor, ecanomist,auditor,theologian, cameloth,lanceot, highrangkin can u enlighten d society how did it happen, paano naitransfer yan? So d illegally acquired those wealth, Those wealth acquired ingood faith hindi man din yan mag eexist kung wala ung illegal na pagtransfer ng wealth from d republic goin into their pocket. D end doesnt justify d means, people is e victim by form of governments or e system which they could not understand its e tinonto system
So jaded in their comfort, their purposeful omission of past and recent history is the star of this conversation.
🇩🇪🇩🇪 Deutschland hat seine neue Normalität neu erfunden!!! 🇩🇪🇩🇪🇩🇪😻Germany has reinvented 😻😻energy😻😻 Back to lignite mining !!!! 11:07 And let’s have clean energy from Poland while it doesn’t polute dustless German environment !!!! Berlin lociuta, causa finita !!!!
Bravo to the Minister from my country Singapore❤🇸🇬💐
"Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth. Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter. Ye have condemned and killed the just; and he doth not resist you."
I’m waiting for his will to be done in the of our lord and savior JESUS CHRIST
I can't wait for the creator to judge these oppressors of humanity!
How economic can you have a meaningful world economic outlook without China, Brazil and India's participation.
go and sleep my dear
It’s more like agenda for benefit of the west at the expense o f east and global south.
Absolutely! Just what I was thinking.
China maybe but the others u mentioned are irrelevant
This is very foolish statement. These countries you're talking about were empowered by Europe and the USA laziness. If they people who empower you take their rights, senses and power of production back ,what have their braga do captives got to do. No country is indispensable.
Since slavery My people in Haiti must learn to stand upon their own feet 🦶 This requires patience and endurance for the world 🌎
And I pray that happens for Haiti and I'm so sorry for what the Clintons had done..
WEF is not needed or wanted
From the satellite to the taxi cab; Star Trek Logistics has real time connectivity at your fingertips!
Love your Commissioner
Who needs this?
Nessuno
Economic investigator Frank G Melbourne Australia is still following this year's cheers Frank 😊
The Rich will get Richer
Yes, and join us. There is no dignity in poverty.
So get to work.
The talk on carbon tax by Tharman is enlightening!
That will give them more control over all business's, guess you think that's a good idea.
Why no one from China in the panel?
They busy producing goods and funding this so you be busy here
China isn't dumb
They are running this show so that others waste their time & money here
Because China is the example that they are striving for. So no need for them to come to class.
Dr Ngozi raised some very interesting points that should be put into consideration
The meetings were beautifully organized and conducted by well-known journalists. I have only one criticism: the cameras never show the names of the exhibitors next to their seats, which should be highlighted with their name, surname, and professional title superimposed on the screen. The topic is too important not to know who the exhibitors or interviewees are.
A supremely positive example of how exhibitor presentations should be organized is the GLOBAL RISKS REPORT 2024 from Zurich.
Explain to me im so behind wrld noe electric communication
Economic investigator frank G Melbourne Australia is still following this year's cheers frank
As one of the final notes I could emote to attract positive energy to the tristate agenda. A Faerie Tale Timeline. Starting with the H.E.M.I. Platform. Includes a host of characters both palpable and culpable. This means you pay closer attention uhm ; Officers. Perhaps and especially those of them at the B.A.U.
These grinning Officers.
How do you hold an event like this and not learn how to pronounce the name of the President of Singapore?
Just call him pineapple President.
Why is everyone suffering from high inflation? That's because your understanding kf growth is by investing and reinvesting into the same assets such as real estates,stocks, etc.. That's why normal people keep having rent / lease artificially getting inflated values. I am sure Buffett will agree 😂
Inflation is only caused over the longer term is by the Printing of Paper currency ( as it is not money ( article 1 sec. 8 of the Constitution USA
@@johnkillen588 Yeah, that's already a long time because what used to be priced at 100K now after 40 years reached 1.5 Million. If we think about it, where did all this valuation come from? It's the constant and repetitive reinvestment into real estates or stocks.
Becuz of entertainmemt sector, huge aamount foes to those seector pass on to ee product cansume by society, Defund all of them msm,entertainment and broadcasting newspaper magazine, tabloid,content creator, blogger all of this sector gaves burden to society wont cantribute in nation building, all of this sector is e waste of time and resources of d land, resources of d land must be cansume in processing rare earth,build engine and machineries venture into d deepest lart of d earth searching power and energy venture into d sky harness d star for unlimited power energy, there r 101 or more ways of entertainment witout giving barden to society and more productive creating/building e talent as will as preserving tradition and calture, combating bardome thru indoor/outdoor sport hobbies promote camarraderie and team building. Bakit napakalaki ng mga sahod ng mga yan, Paano ba nabubuhay yang mga sector na yan who gaves burden to society? From d all d station d am station fm station television tabloid newspapers magazine, streaming, all d social flatform content creator, blogger, anchor d writer d editor producer d artist d talents d trainee d ojt down to d lowest pasition? it all com from d state fund, products, politician, individual, org, group,corp, for promotion all of this pass-on to society gaves burden to society cansume power and energy as will as giving burden to society. Calprit of inflation huge amount goes to this sector ay ipapasa to e product cansume by society, gaves burden to society, Time will com people realize ol of those is e waste of time and resources of d land.
capitalism is an illegitimate invalid system, why? u go back to d creation of e printed paper moonies and unlock d lies and deception of e capitalism, in creation of e printed paper moonies d r back up by gold com from d land/state itself, therefore it is own by d republic and because it is own by d republic, it must be e commune, pag-aari yan ng pangkalahatan, now, in what law or who authorized them to haul and transfer those wealth from d republic goin into their pocket? So d existing system is an invalid system at nararapat lang na e dissolve and install d right ones, d communism e genuine communism e commune equal sharing society is equal, supply is equal pag marami ang myembro ng pamilya dagdagan total magtrabaho man din yan sa estado after geumadwit, aallll will work for d republic, law breaker load them plus workin hour depend on their crime, do trade outside product vs prosuct kaliwaan bargaining agreement, agri product vs fossilfuel,rare earth
People must wake-up asap We must choose either champagne for d few or potable dringkin water for all. Capitalism is e tinonto system, look like u rob d entire cantry and gave it to d few, and d few creating heaven for themselves while hell for d majority. U go back to d creation of e printed paper money and u unlock d lies and deception of e capitalism, sa paggawa ng kwarta na yan binabak-apan yan ng ginto na nakukuha din mismo sa kalupaan sa estado so pag-aari ito ng republika dba? At dahil pag-aari ito ng republika, pag -aari ito ng lahat, now papano naitransfer yang wealth ng republika papunta sa bulsa ng mga capitalista? Explain canstitutionalist,politician,capitalist,profeesor, ecanomist,auditor,theologian, cameloth,lanceot, highrangkin can u enlighten d society how did it happen, paano naitransfer yan? So d illegally acquired those wealth, Those wealth acquired ingood faith hindi man din yan mag eexist kung wala ung illegal na pagtransfer ng wealth from d republic goin into their pocket. D end doesnt justify d means, people is e victim by form of governments or e system which they could not understand its e tinonto system
The world is not a test! The optimum theory is based on two important assumptions:
1. The proportion of working population to total population remains constant as the population of the country increases.
2. As the population of a country increases, the natural resources, the capital stock and state of technology remain unchanged.
Now, what did you mean by rate cut?
Merci pour tous qui déclarent le développement de l'Afrique et particulièrement les pays les plus pauvres.
NICE COMMENTS OF THE GERMANY'S REPRESENTATIVE REGARDING FUNDING FOR ELECTRICITY IN AFRICAN COUNTRIES TO DECREASE CARBON EMISSIONS SINCE PROBABLY THEY NEED TO BURN WOODS TO COOK FOOD AND LIGHTING. THIS WAY, THEY EVEN CONTRIBUTE TO THE GROWTH OF THAT COUNTRY WHILE ADDRESS THE CARBON EMISSIONS.
The carbon emissions is crap..every 10 years it is something, im 55 years old and I have seen "hole in the ozone layer" melting of ice caps" " acid rain" ..and more..it is just a way to change what they want with people backing them up...they are actually using it to shut down food supplies, going after farms, (and now Bill Gates owns the most farm land in America and he is pushing lab grown meat) now they are trying to stop people from having small gardens because of carbon...if they really cared ..stop making plastic, that is what's destroying the ocean and land and us...but to much money is made off of it..think about it..
Their should be a wealth cap set to our expected life span( and any extra wealth going to the state ) this will eliminate any inflation and keep greed at bay
This is a good theory but we would have to completely shift policies and how corporations are governed and who owns the seats
No one said it would be easy.
And time is something we are guaranteed
No wealth cap but selfish greed cap... pay should be linked to profit and diff from top earner to least should be ... 1000%.. i don't care number BUT Amazon fT workers qualify for govt programs .. food stamps etc since they are under poverty level and who is getting rich ?? The board ? If use to be a company built a town... ..
What do the team suggests? I rather follow advice, so we can judge performabce and results under fullunderstandment of a validated aproach. I am not running from strategy, I am sugesting one. So I invite Community to contribute, if it is not scaping my own responsabilities.
Thanks for conducting this forum I got a lot of knowledge you.
So daunting to see how BCE has constantly been following FED, putting at stake European economy which is absolutely not at the same level of flexibility of the American one...
I would like to ask these leaders in the Forum who or which countries are disturbing the world economy
That would be the global hegemony: the USA.
China and United States America. This was indirectly answered. Both sides have valid arguments on who is right and who is wrong
Thanks for sharing ❤
Hi World economic forum. I get EBT. Here in the United States.. I worked in food and beverage my whole life. Two to three jobs. I enjoyed work. I love people. I worked in five star hotels. Also worked in Doe. I've experienced losing a house to a mortgage. I've been in a homeless shelter. When I had a house with a mortgage family drama. I've had to go to the food bank a few times. The food bank of people like to buy food they think you want instead of giving food that they would eat and giving someone a new experience. My bottom take on all this and many stuff for the economy is food people are starving actually. A good food good drink a comfort satisfaction and enjoy there's the base of the economy I would have to say. And then all the complexities that go along with after that and everything cuz people go to work I've done it with a friend we had no money while everybody's you know going off to the restaurant next door or getting a good meal and we shared some McNuggets I had like $5 we laughed about it but this is real.
Inflation come down but price hike and taxes hike never come down.
It's a cycle, and depression is next
Arrogance at its absolute finest.
This was a surprisingly apt description of the principal problems facing global economic trends and trade. I also do think the 2 OECD initiatives on tax are outstanding - except that the rate is too low! - & hope they are ratified. I doubt very much I'll agree with the other proposed solutions, but at least they've got the problems right.
So globalised economy should be global in with everyone free to be so give little wiggle room to look see adapt and overcome
Commissioner has links to world power through Olympics. Through Warfare. Through food. Through education. Through Tantra. Through business. Through family. Commissioner wants more connections, connectivity and less confines.
That I know. Look friends. We have to be strong and brave. I know that everybody is afraid. But I cannot do it alone.
Ur well came l really happy for trade business thank you so much
will pap tharman debate with ah loong to this level in partliment ?
Beware the self righteous…
very well said Indeed >STUPID WARS
Good and agree, I thought no one heard this.
wars will improve US economy .. Hence the wars ..
US is military super power and economic super power ( of cource a debt super power too with excess of 34 Tn$ of debt )
South Park (Colorado):
"Oh look! Starvin' Marvin it's our appetizer!" (Cartman)
"(puzzled)" (Starvin' Marvin)
"It's what you eat to make you more hung-y" (Cartman)
"App-eee-tizer! (smiles)" (Starvin' Marvin)
"(Cartman eats his and Starvin' Marvin's appetizers)"
"(Starvin' Marvin frowns sadly)"
~ Fin ~
Creedy Gunts.😎
Jangan sesekali ambil mudah sekiranya ada ambil rasuah sebab saya buat bisnes patner jujur dan amanah sebab saya x suka bermusuh mana2 negara saya perjuangan ekonomi semua patner semua negara x kira ugama dan x kira bangsa saya akan support ekonomi saya anggap semua family hidup harmoni saya buat kerja x makan rasuah sebab dlm hati saya kena jujur amanah sbb tu rezeki sentiasa x putus2 ibarat air sungai mengalir sentiasa rezeki datang jgn bergaduh2 sesama insan ingat tu
The 5th Industrial Revolution will be interesting for all of humanity.
Well. I wish all the best
No tengo mas fuerzas.
Someone sold two different designs of ear rings to Christine Lagarde. And she mistakenly bought them.
she is evil
who cares
Taxes with my interactive marketplace are so low that. The investment process is the taxation!
Nous vous remercions pour l'invitation et entièrement pour les meetings 2024.
Toxic mortgages...
Said I should invest more in oic countries
Skill of grow globel economy on trading
Economic discussion it is very crucial for overcoming of poverty eradication
do u know the meaning of regime
Important is singapore had changed to a multi-nation country (multi-nation-singapore) so even with the saf soldiers also no use, it's the pap party mistakes and there's no way to u-turn back.
He highlights the PSP’s commitment to proposing alternative policies aimed at improving public housing, job market fairness, and establishing a minimum living wage.
You will own NOTHING AND BE HAPPY
Why is everyone suffering from high inflation? That's because your understanding kf growth is by investing and reinvesting into the same assets such as real estates,stocks, etc.. That's why normal people keep having rent / lease artificially getting inflated values. I am sure Buffett will agree
Many more wishes 🙏🎉🎉
When the Commissioner walk into room; you think "Snap-Dragon Flower"!
GTA
ATA
H.E.M.I.
DAY1
E.R.
HOORAY 👏
7:21 uncertainties
No Chinese representative.
Well they have a history of not showing up... extremely shady economy....
Because their not important. 😊
@@fearless2567Approaching quarter of the world economy and main factory. Sure, sure
They won't go down without a fight, it's going to get a lot worse before it can get better!
We have seen nothing yet.
Yes, ma'am.
For something to maintain stable and with forward momentum their needs to be 2 set boundaries. With no boundaries wealth inequality has free range
Hello to the global financial economic forum & alen grahm.
Outstanding ❤
What is so outstanding I wonder?
Global Economic side is that if China and U.S. morph together
The Economy will do far better
and the deficit will decrease and our market rates will establish it's self.
Need to look at the big picture of green energy industry.
All savings rich collected!!!
What we really want, what we should focouse on
I came to learn cus i will soon be attending for my country. Amen
Local currency exchanged between us
For the benefit of the world economy and geopolitics, China and the USA need to see their relationship as partners rather than adversaries.
Ask US , China has no problem with it
Oh honey they are partners they just hide it
Adversaries is what makes the economy go
Who exactly are these unelected people people pushing there views on the world.
They are the puppets of the cabal. Panem from hunger games.
I've grown food I had a friend develop a state of the art hydroponic system. I grew hydroponic lettuce I started with full heads of romaine and then the business the market wanted baby lettuce I grew up. I went to farmers markets I sold into stores you know all over. Farming for an individual a consistency is kind of hard especially when a restaurant has it on a menu and now a special maybe but if you don't have it it's already written on the menu so maybe a special item for a local farmer. We have so many techniques of farming and everybody's got different stuff you know prawns are good I mean there's so many good food you know we don't just need one type of food. I work so much that's why I just get Hands-On work stuff. This is how I learned how to swim at 4 years old drop me in a swimming pool and see if I come up LOL that was the thing back in the day in LA. So they set me up. So here's a suggestion big businesses yeah you know where is your food court Lowell hotels do it but anyway lots of good stuff to do but food and good drink and cold and hot don't forget those ice cubes. Crushed good too.
Thank you very excellent debate and hope the world will not forget Afghanistan. Most of the Afghan population are leaving in poverty. and the rate of employment is very low most of the youth are unemployment.
Very good
take clean now crisis global economic in setting system tq😊
有需要整理成中文摘要的幫我+1一下
why they are always looking at each other every time they mention "New Normal" and "Major War" are they knowing something we don't ??? WW3 ???
the Best world econom forum
Cool chat ...
On my modest opinion, the number one global priority would be the fight against corruption in the broadest sense and from on individual level. to family, neighborhood, village, city, province, country, union, continent and global level. This should encompass privat and public sector and all professions, but first and foremost politician/decision makers. That is the main caveat of any progress and a global social contract. The second most important issue in the world today, is the existence of extremely antagonist system. One one side we have the developed economies and societies which rely on liberal democracy, and on the other side we have emerging and underdeveloped economies and societies that rely on dictatorship or autocracy, which, as mentioned above, are fundamentally different on their goals and priorities. When the liberal democracy system will prevail in the whole world and countries will let go ideologies proven by time either part of the past or as failures, ie communism, socialism, autocracy, dictatorship, imperial, monarchic etc, then a global cohesion and synergy will be created. Only then, can the world deeply reform the imperfect liberal democracy.
In another universe, imagine TKL on the panel...
Good.
thanks for service Ms christian
❤❤❤❤ nice channal ❤
I say the companies that make green transition accessories donate this to every place it can do well
Then the monies saved
buy more for the tough places and pay back the companies later from savings
all these rich people in one room its almost to good to be true
Nice
You need to maintain and cultivate the average consumers ability to consume through education of financial literacy certification in training of skills trades creating community level economic ecosystems engineered to empower the individuals abilities to prosper and thrive corporations are far too short sighted in their focus on profits invest in the consumer to earn more equals profiting more develop economies . Its good business
Hey G.G. is here too! bystander somewhere in a small island
US growth, how much is it due to money printing? How much is it due to redefinition of GDP twice recently? The way of current computing has double counting and multiple counting of same economic elements.
Oh Dear! Every few years we see the same recommendations - "this new normal" is the same as the last "new normal! I think the underlying currents that one of the speakers highlighted - aging population, political polarisation, climate and stupid wars sums up what needs to be tackled. The problem is all this talk and words are true, but needs action and good leadership.
Saudi Minister behaved quite uncivilized when he criticise Tharman idea as hypocrite. I don't think anyone in the panel spoke or behaved like him. Very low quality Saudi man. It's a panel fot ideas exchange, not to give names to fellow panelist suggestions.
I watched twice and he didn't do anything wrong you just hate saudi 😂
He is looking out for his own and worried that no one would buy fossil fuels from the Saudis if everyone starts to use green tech or renewables.
Saudi Minister was actually correct, *definition of insanity is doing same thing and expecting different results.* Need to find different approach or solutions, *agree with the German minster who said a better solution would be carbon credit based system, which helps both low income countries and at same time help to start work to address the problem at hand, since the problem is global in nature.* Carbon tax by rich countries will mean manufacturing will be limited to richer nations and add as barrier to products from developing/under developed to sell to developed world, this will have opposite effect and will force developed/under developed countries to put in a structure of Historic Carbon tax on developed nations. And we will achieve nothing, but increase problems, and grow the difference between have and have not's in the world.
@@kialim I was about to say that. Opps. I was mindful that he who spoke the truth is the most hated. Yes you are right. Following Tharman advise will hurt Saudi pocket. That's why the most uncivilized reply from Saudi Minister which is unbecoming of a Minister. The rest of panelist are very civilise. The Nigerian Lady minister had agreed with Tharman and are were those audiences who clap after Tharman spoke finish.
The truth hurts. Saudi is selfish.
Rethinking of all to agree on the writings subsidies now communication started