Trends

Three trends will be clearly visible this year: women in business, cryptocurrencies, and global warming (the impact of climate on business).

Women in Business. Discussions of women’s rights have been going on for several years now. By the way, the organizing committee in Milwaukee is made up entirely of women, who have been running this project very successfully for the second year in a row.

Cryptocurrencies. Some experts were skeptical about the viability of bitcoins. For example, Swift CEO Gottfried Leibbrandt and Harvard University professor and former IMF chief economist Kenneth Rogoff agree that the possibility of cryptocurrencies overtaking traditional forms of money in popularity is zero.

Global Warming. The topic of global warming has been raised by almost everyone in their reports. If global warming continues at its current pace, experts believe that the world will face changes in the agro-sphere. This will invariably affect the logistics of agricultural goods, as well as globally, the redistribution of population across different regions.

Among other topics discussed: the slowdown of the global economy and a possible financial crisis that has been predicted for several years in a row. It was said that China is the fastest growing economy in the world (this year its economy will grow by about 6-7%), but it is still the worst figure for the Celestial Empire in the last 30 years.

Another topic is the creative economy, i.e. businesses in intangible spheres connected with intellectual activity, education and creativity. Next year there will be even more talk about it.

The houses of global corporations will be represented on a much larger scale than countries have shown. Apparently, this situation really reflects the balance of power in global politics and economy.

For countries it is a unique platform where a country can show its best side – so the world will know that we are modern, technological and creative. For us it is a valuable experience – we will learn how to optimize costs and with limited resources do more than seemed possible.