During the annual BNP Paribas
High Yield & Leveraged Finance Conference (HYLF), Ian Goldin – Former Vice President and Head of Policy at the World Bank and
current Professor of globalisation at Oxford University- explained why we are
currently living in the new renaissance that is globalisation 2.0. A world
where ideas and perspectives are shifting in radical ways, and leading to
changes in the way people value and understand things. Alongside the
opportunities created by such information revolutions, we face the challenges
of managing more integrated complex systems including ensuring inclusive and
diverse societies. Professor Goldin also discusses the merits of collaboration
through the meeting of politics and science, as evidenced by the Paris
agreement to tackle climate change.
The event also included a
discussion between BNP Paribas Chief Market Economist, Paul Mortimer-Lee and
Professor Goldin, in which the two economists and clients discussed the
productivity paradox. This included debating topics from growth and migration,
to demographic changes and the impacts of technological innovations on the
future of work.