Globalisation 2.0 is creating a revolution in ideas and perspectives, explains Professor Ian Goldin of Oxford University.
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.