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☆ Half of all global food threatened by growing water crisis, report says
  + stars: | 2024-10-17 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com   time to read: +3 min
“The global water crisis is a tragedy but is also an opportunity to transform the economics of water — and to start by valuing water properly so as to recognize its scarcity,” said Ngozi Okonjo-Iweala, Director General of the World Trade Organization and one of the commission’s co-chairs in a statement. With nearly three billion people already in areas experiencing unstable water trends and several cities sinking due to the loss of below-ground water, densely populated areas such as northwestern India, northeastern China and southern and eastern Europe will bear the brunt of global water mismanagement, the report says. “The global water crisis is a ticking time bomb. Even so, a lack of public funds being devoted to water issues by lawmakers around the world will do little to solve the problem. Governments “can’t even react to the symptoms of the water problem, let alone solve the problems if they’re being fiscally strangled,” said UCL's Mazzucato.
Persons: ”, Ngozi, Mariana Mazzucato, we’ve, Mazzucato, Tim Wainwright, “, they’re, UCL's Mazzucato Organizations: World Trade Organization, University College London Institute for Innovation, Purpose, NBC News, OECD, United Nations Locations: India, China, Europe, Netherlands
☆ How the climate crisis will affect the U.S. economy: Top economists Jeffrey Sachs, Nouriel Roubini and Mark Zandi discuss
  + stars: | 2024-03-17 | by ( Jack Hillyer | In Jackhillyer | ) www.cnbc.com   time to read: +1 min
As the climate crisis continues to pose a global threat, top economists are debating its effect on the U.S. economy. Mark Zandi, chief economist at Moody’s Analytics, projects "physical risks" will be the biggest economic cost over the next 10 to 20 years. Zandi also projects transition costs associated with moving from a fossil fuel-dominated economy to one driven by green energy will put a weight on the U.S. economy. Nouriel Roubini, an economics and international business professor at New York University, says there will be pressure from stakeholders and society to make a green transition. Watch the video above to see how top economists predict the climate crisis will affect the U.S. economy.
Persons: Mark Zandi, Jeffrey Sachs, ”, Sachs, Labor Robert Reich, Nouriel, Mariana Mazzucato Organizations: Moody’s, Columbia University, Labor, New York University, University College London Locations: U.S
☆ Why the U.S. may extend its run as the world's leading economy
  + stars: | 2024-01-10 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com   time to read: +3 min
The U.S., China and India may take turns leading the global economy this century, according to an analysis from the Centre for Economics and Business Research. The CEBR forecast suggests China could potentially take the top spot as the world's largest economy by gross domestic product as early as 2037. "The ranking of which is the largest economy in the world — that doesn't take into account things like living standards. Around the world, policymakers are spending large sums of public funds to prepare for social and environmental challenges that may be ahead. Watch the video above to learn more about the race to be the world's largest economy.
Persons: Nina Skero, Mariana Mazzucato, we're, China that's, Joe Biden, Xi Jinping, Yasheng Huang, Rajiv Biswas Organizations: U.S, Centre for Economics, Business Research, University College London, Washington, MIT Sloan School of Management, P Global Market Intelligence, CNBC Locations: China, India, U.S, Japan, South Korea, Asia, Pacific
☆ How taxpayers grow the private sector: Mariana Mazzucato
  + stars: | 2023-11-16 | by ( Mark Licea | Lindsey Jacobson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow taxpayers grow the private sector: Mariana MazzucatoA "citizens' share" would give wealth invested by taxpayers back to the public, says University College London Professor Mariana Mazzucato. In this episode of "The Bottom Line," Mazzucato discusses why risk and failure should be normalized and how AI can be calibrated for positive change.
Persons: Mariana Mazzucato, University College London Professor Mariana Mazzucato, Mazzucato Organizations: University College London Professor
☆ The public sector funded a lot of technological innovation. Economist Mariana Mazzucato says that should be factored into the price consumers pay
  + stars: | 2023-11-16 | by ( Mark Licea | ) www.cnbc.com   time to read: +2 min
Mazzucato spoke with CNBC about how the public, private and third sector can work together to co-create value and share both risks and rewards. "The whole notion of stakeholder value should have become a real kind of call to arms of how do we create value differently," Mazzucato said. "We need to bring communities, workers, public and private institutions together to create value in a more collective, better way." It created growth, it created profits. Mazzucato said success in the private sector often begins with significant contributions from the public, and wealth distribution should reflect those contributions.
Persons: Mariana Mazzucato, Mazzucato, Siri, you've Organizations: University College London, CNBC, GPS, Consulting Industry
☆ Fact Check-Panelist did not say WEF would add vaccines to water
  + stars: | 2023-08-31 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +2 min
The World Economic Forum (WEF) is not planning to put vaccines in water supplies, contrary to claims in some online posts. A post on social media platform X, formerly known as Twitter, (here) reads: “The WEF wants to vaccinate you through your water now,” and boasts over 11,800 likes. “WEF never made any statement about or is having any plan to add COVID vaccines to the water.’’ He also stressed the Global Commission on the Economics of Water is an organization independent to the WEF. The WEF did not say it would add vaccines to water. A Davos panelist compared global COVID-19 vaccination rates to addressing global water issues.
Persons: Mariana Mazzucato, Yann Zopf, “ WEF, Read Organizations: Economic, Twitter, Facebook, University College London, UCL Institute for Innovation, Global Commission, Reuters Locations: Davos
☆ Consultancies are coming off a pandemic boom. Are they still worth hiring?
  + stars: | 2023-04-27 | by ( Anna Cooban | ) edition.cnn.com   time to read: +9 min
Management consultancies helped design vaccination programs during the pandemic and are currently providing advice on how to rescue one of the world’s biggest banks. The $230 billion management consulting industry is a broad church: it includes companies offering everything from project management expertise to designing new organizational structures. Many big firms — think EY and KPMG — also conduct audits and advise on their clients’ tax issues, though these services are generally seen as distinct from their consulting work. In The Big Con, published in February, prize-winning economist Mariana Mazzucato and her co-author Rosie Collington argue that management consultancies “infantilize” governments by keeping them dependent on their services. Nearly 80% of firms surveyed globally have told the think-tank that consultants’ work is either of high or very high quality, she noted.
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