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In order to achieve “peace and prosperity for people and planet,” the United Nations Member States adopted The 2030 Agenda for Sustainable Development, at the heart of which are the 17 Sustainable Development Goals (SDGs). Achieving these significant global goals will require the cooperation and support of organizations in the private and public sectors. That’s where the United Nations Global Compact (UNGC) comes into play.read more
Thunderbird professors Anne-Marie Slaughter, Doug Guthrie, Landry Signé and Rebeca Hwang recently joined Thunderbird Director-General and Dean Sanjeev Khagram in a virtual discussion of China’s ascent to global power and the United States’ retrenchment.read more
Over the past two decades, Africa has been home to the fastest-growing economies in the world and is ripe for global and local business investment. In his new book, Unlocking Africa’s Business Potential: Trends, Opportunities, Risks, and Strategies, Thunderbird professor, Landry Signé shares his optimism for sustained growth in Africa as he examines economic, business and investment issues and discusses the growth trends and drivers.read more
In the Fourth Industrial Revolution, technology has evolved at a much faster pace than the organizations that might govern it could keep up with. As a result, while technological advancement has yielded significant benefits (think: lifesaving AI-powered diagnostics) it has also had significant downsides(data privacy breaches, for example). The solution is a coordinated, global, multi-stakeholder approach to technology governance. What’s needed is a framework within which individuals, companies, and governments can capitalize on technological developments –to advance equitable prosperity worldwide.read more
When it comes to climate change, the question is not what needs to be done. We already know the answer: stop using fossil fuels, consume less red meat, insulate buildings, ban practices that result in environmental degradation such as deforestation, and shift to electric vehicles. The challenge is figuring out how to accomplish those things.read more
Congratulations to two Thunderbird professors who were recently published in Harvard Businss Review. Professor Allen Morrison has published What Will Happen to Your Business in Hong Kong? Recent developments in Hong Kong pose significant threats to foreign firms operating there – of which 1,300 or so are US firms. What exactly happens to them will depend to a large extent on why they are in Hong Kong (is it just for the Hong Kong market, for China’s markets, or for Asia as a whole?). But in any event, all companies should take care to secure their people, consider potential scenarios, and create options in the event a major move is required.read more
The pandemic's silver lining is the chance to experiment with technologies and co-operative approaches across borders that could lead to safer, more sustainable and more inclusive global futures. The theory of punctuated equilibrium, proposed in 1972 by biologists Stephen Jay Gould and Niles Eldredge, holds that populations of living organisms tend to experience a significant amount of evolutionary change in short, stressful bursts of time. Gould and Eldredge argued that evolution isn’t a constant, gradual process—it occurs during episodes when species are in environments of high tension or especially crisis.read more
Emerging markets account for most of the growth in the global economy today. Company managers know success lies in effectively doing business in those markets. Knowing the norms and institutions that enable access to business opportunities is critical to that success. Eighty-four percent of the world’s population lives in emerging-market countries, and they fuel most of the global economy’s growth. Company managers naturally focus on where growth is and where it potentially lies, and that’s not a new phenomenon. Business is business, after all.read more
On two separate continents, T-birds Soraya Hakuziyaremye ’05 and Christopher Campbell ’06 are directly shaping their governments’ economic responses to the COVID-19 pandemic. As Minister of Trade & Industry in Rwanda, Hakuziyaremye is on the front lines of efforts to halt the spread of coronavirus and mitigate its economic damage. Campbell, who is former Assistant Secretary of the U.S. Treasury and current Chief Strategist for Duff & Phelps, helped craft the United States’ $2.1 trillion economic stimulus package known as the CARES Act. On March 31, Thunderbird Dean and Director-General Sanjeev Khagram moderated a discussion with Hakuziyaremye and Campbell as part of the Thunderbird Global Dialogues Webinar Series. (Watch it here.)read more
These days are filled with mixed emotions as we navigate, many of us, the unprecedented tempo of a time which seems to have suspended for something so mystique and cryptic that we can't even see. This pandemic, which has, for the first time across at least five generations, paralyzed large parts of our modern world, has caught us off guard. In some countries, and I am thinking of the native land of my father, Italy, the detection went from patient 1 to patient 50.000 over just 30 days.read more