Jakob Hafele’s Post

Very very few voices representing health (glad to see European Patients' Forum & EURORDIS-Rare Diseases Europe though), and missed opportunity to gain and include insights from underrepresented, marginalised communities, #socialrights, wider #publichealth, #healthinequities, #wellbeing CSOs stakeholders or institutions dealing with health on a daily basis. Could not agree more with saying that we need new solutions to address the challenges we all - regardless of where we sit on the social ladder - face. Lived experience of communities and populations left behind, looking at competitiveness and boosting innovation via multiple angles including human and social capital, health, equity and well-being of today's and future generations are central part of how prosperous and shock-resilient Europe will be.

🔗 https://lnkd.in/ebvMbkcV 📝 The influence of #innovativedevelopment in the #EU countries and #Ukraine on the #competitiveness of national economies: A comparative analysis 👥 Viktoriia Strilets, Liudmyla Franko, Mariia Dykha, Maksym Ivanov, Larysa Rybina #businessenvironment

The #Draghi #Report recommended actions to secure the long-term competitive position of EU, but it stops short of addressing the specific challenges faced by individual countries or regions within the EU, including those of Central and Eastern European (#CEE) countries – a great economic convergence story until now, a driver of growth and competitiveness for EU (and a basin of very talented people, and friends). However, the CEE growth model needs some upgrade. Innovation, human capital, energy, start-ups and risk capital are the focus areas. 📄https://lnkd.in/dZA3ukM5 We wrote about it with Tomas Slacik Francesca Guadagno Jochen Schanz European Investment Bank (EIB) The Vienna Institute for International Economic Studies (wiiw) Oesterreichische Nationalbank

Minister Szijjártó Speaking on OECD’s Global Economic Role. Minister Péter Szijjártó (L) and OECD Secretary-General Mathias Corman (R) In order to prevent a long-term downturn, Minister of Foreign Affairs and Trade, Péter Szijjártó emphasized the crucial role of the Organisation for Economic Cooperation and Development (OECD) in restoring sanity and rationality to global economic discourse. Speaking in Budapest on Tuesday during a press conference alongside OECD Secretary-General Mathias Cormann, Péter Szijjártó highlighted the current precarious era, marked by frequent upheavals in the world economy over the past four years. He stressed the urgency of returning to sensible economic thinking, stating, We want to avoid a long-term global economic downturn. To do that, we see a need for sanity and normal thinking to return to the global economy.” The Minister criticized sanction policies that lead to increased energy prices and inflation, emphasizing the need for pragmatic approaches over ideological monopolies, particularly in green transition and energy cooperation. Mr. Szijjártó remarked, “initiatives to isolate the Eastern and Western economies certainly do not fit into this common sense, this normal thinking.” Emphasizing cooperation based on mutual respect between East and West, he underscored the importance of fair competition in global trade and the pursuit of responsible growth strategies that balance environmental protection and competitiveness. He noted that: It must be recognized that a peaceful environment is the best creator of opportunities for economic development.” The Minister highlighted the vital role of international organizations, particularly the OECD, in promoting and embracing rational economic thinking and also commended the Secretary-General’s efforts to enhance the OECD’s effectiveness as an international organization, ensuring continued global connectivity and cooperation in the years ahead. In conclusion, Minister Szijjártó expressed Hungary’s support for the OECD’s efforts, advocating for its expansion and increased budget to further its role as a beacon of reason and normality in the international economy. Related articleOECD Report: Hungary Boasts Highest Real Income GrowthThe report attributes the increase to easing inflationary pressures.Continue reading Via MTI; Featured Image: MTI / Balogh Zoltán The post Minister Szijjártó Speaking on OECD’s Global Economic Role appeared first on Hungary Today. https://lnkd.in/g8bNr4DA

Coming soon: OECD 2024 Ministerial Council Meeting Chaired by Japan, with vice-chairs Mexico and The Netherlands, Ministers will meet on the theme “Co-creating the flow of change: Leading Global Discussions with Objective and Reliable Approaches towards Sustainable and Inclusive Growth.” Governments are facing complex and interrelated issues, from climate change and digitalisation to the economic and social impacts of population ageing to challenges to the rule of law. These shared challenges are best tackled together. The MCM is the OECD’s highest-level forum, attended by ministers of finance, economy, foreign affairs, trade and other government departments from OECD Member and Partner countries, and by representatives of International Organisations. 📅 2-3 May Learn more: https://brnw.ch/21wITxc | #OECDministerial

The Asia-Pacific Economic Cooperation (APEC) forum in Peru arrives at a pivotal moment marked by significant geopolitical shifts and economic uncertainties. At GZERO Media, I explore what we can expect from APEC 2024:https://lnkd.in/dcjz997z #APEC2024 #AsiaPacific #GlobalEconomy #Geopolitics

The partners of the Indo-Pacific Economic Framework signed the #CleanEconomy and fair economy agreements. Signing of IPEF's agreements marks a significant step in the #US's efforts to strengthen economic cooperation and reduce reliance on #China in the region. Read more at: https://lnkd.in/gsWBeSsQ #worldeconomy #indopacific #IBT #IBTInsights

𝗚𝗲𝗿𝗺𝗮𝗻 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗧𝗲𝗮𝗺 𝗽𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗲𝘀 𝗮𝘁 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗙𝗼𝗿𝘂𝗺 “𝟭𝟬 𝘆𝗲𝗮𝗿𝘀 𝗕𝗲𝗿𝗹𝗶𝗻 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 - 𝗧𝗵𝗲 𝗪𝗲𝘀𝘁𝗲𝗿𝗻 𝗕𝗮𝗹𝗸𝗮𝗻𝘀 𝗮𝘀 𝗮𝗻 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗮𝗿𝗲𝗮 𝗼𝗻 𝘁𝗵𝗲 𝘄𝗮𝘆 𝘁𝗼 𝘁𝗵𝗲 𝗘𝗨” The German Economic Team, represented by Ricardo Giucci, Marie-Aimee Salopiata and Felix Schwickert participated in the Business Forum “10 years Berlin Process - The Western Balkans as an economic area on the way to the EU”, held as part of an event dedicated to the decennium of the Berlin Process, organised by Bundesministerium für Wirtschaft und Klimaschutz. The Berlin Process, launched in 2014, is an intergovernmental cooperation initiative to strengthen ties between a group of EU Member States, inter alia Germany, France and Poland, and EU membership candidate and potential candidate countries in Southeastern Europe. It also aims to foster cooperation in areas like economic development and infrastructure. The forum was opened by Federal Minister Robert Habeck, followed by a panel discussion with the Ministers of Economic Affairs and Trade from the six Western Balkan countries (i.e. Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia). All participants highlighted the need to remove barriers to trade within the region and with the EU simultaneously, as well as improving conditions for foreign investors. Another aspect of the debate was regional and EU integration, with a special focus on the effects of #CBAM for the region. Berlin Economics and the German Economic Team have prepared analyses on the trade and energy dimension of Western Balkans integration. On the occasion of the 10th anniversary of the Berlin Process, we have also measured progress and economic development of the Western Balkan countries. Please find the links to our publications in the comments.

How can countries build resilient economies and resist economic coercion? Asia Society Policy Institute's Director of Asian Economic Affairs Shay Wester's latest article summarizes key learnings from an international conference in Lithuania. Read it here: https://lnkd.in/ePsQxTce ✖ Current challenge #1: Economic coercion is a growing challenge to the rules-based trading system, driven by the rise of geopolitical tensions and the weaponization of interdependence by major powers. ✖ Current challenge #2: Balancing economic openness and security in an era of geo-economic competition is a critical challenge, with tensions between the desire for multilateral responses and the difficulties of reform given current geopolitical realities.  ✔ Recommendation #1: Countering economic intimidation effectively requires a strategy spanning national, mini-lateral, and multilateral levels. This includes reducing strategic vulnerabilities, diversifying trade ties, strengthening partnerships, and updating trade rules.  ✔ Recommendation #2: Multilateral institutions, including the G7 and OECD, play crucial roles in norm setting, trust building, and practical coordination. ✔ Recommendation #3: The private sector is a vital partner in the fight against economic coercion and should be better represented in future conferences on this subject. Creating incentives for developing alternative sourcing strategies and de-risking are necessary.

💹 APK 2024 presents, ‘Economic Security: How the Global Economy Adapts to Geopolitical Shifts’! The panel discussion on "Economic Security" will delve into the impact of heightened geopolitical volatility on global economic integration. Experts from government, think tanks, and industry will explore strategies for mitigating geopolitical risks, diversifying supply chains, and enhancing economic resilience in Asia and beyond. Organised by the Asia-Pacific Committee of German Business (APA), the German Federal Ministry for Economic Affairs and Climate Action (BMWK), and the German Chambers of Commerce Abroad (AHK) in Asia-Pacific, the Asia-Pacific Conference of German Business will be hosted by the Indo-German Chamber of Commerce from 24th to 26th October in New Delhi. Tickets are limited. Grab yours today! Click for details: https://lnkd.in/duVni3b4 BDI - Bundesverband der Deutschen Industrie e.V., - Federation of German Industries   DIHK - the German Chamber of Commerce and Industry   OAV - German Asia-Pacific Business Association   Federal Ministry for Economic Affairs and Climate Action - BMWK   BGA- the Federation of German Wholesale, Foreign Trade and Services   Association of German Banks (BdB)   Asia-Pacific Committee of German Business (APA)   #apk #apk2024 #apkindia #apkdelhi #apa #conference #networking #asiapacific #biennial #economics #climateaction #business #events #india #germany #PartnerForGermany #PartnerForIndia #PartnerForIndoGermanTrade #panel #economicsecurity #GlobalEconomy #geopolitical #shifts #integration #risks #resilience #tickets #available #onsale #limitedtickets #IndustryLeaders #PartnerForBusiness #PartnerForSuccess #strategy #partnerintrade #PartnerWorldwide #Cooperation #GlobalAlliances #CompetitiveStrategies #CooperativeDiplomacy #GeopoliticalBalance #InternationalRelations #GlobalChallenges #Diplomacy #StrategicPartnerships #GlobalLeadership #WorldEconomy #igccapk