road to glasgow nov 2021 cop26 special future newsletter series 15.1

15.1 with 15 months to go to the greatest happening in glasgow since smith and watt began the age of machine and man glasgow u 1760 we will try and issue monthly report on who is linking what home networks in the urgent race to orbit sustainably around mother earth

15.1 reminds us that as little as a year ago unga74 youth believed they were still being heard on climate and sir fazle abed in our view the greatest 20th c alumn of glasgow u was still alive-and the bbc's one truth journalist was being celegrated for his next green opus 7 worlds - bias note i went to school with his nephew- while it was only for 2 years his dad richard went on to produe gandhi, whose 20 years in mumbai overlapped with my mothers upbrnging as her dad sir kennet kemp was mumbai's chief justice

to vc brac u- where are you at the moment?

a bit more on matthew bishop

matthew produced this sdg report this time last year https://www.rockefellerfoundation.org/wp-content/uploads/Getting-to-the-Global-Goals.pdf

the ft reported  Special Edition: Bloomberg’s big day, impact bonds, the ‘other’ SDGs

https://www.ft.com/content/cae3a64c-e001-11e9-9743-db5a370481bc
In a new report, Matthew Bishop of the Rockefeller Foundation’s Bellagio Center has tried to rekindle the spirit of optimism that produced the global goals.  “There are still 10 years to get things right,” he says. “The good news is that proven models exist and provide us with a model of what needs to be done.” Bishop’s recipe includes turning the kind of CEO rhetoric we’ve seen from the Business Roundtable into action and closer scrutiny of those who sign up for initiatives like the UN’s Principles for Responsible Investment but “have done the bare minimum in terms of implementation”.  The incentive for those in business and finance, he says, is that “there are potentially huge fortunes to be made”. 

its my assumption bishop is in new york but his italian assignment The Bellagio Center - The Rockefeller Foundation  may be interesting- i dont know what this retreat is famous for but i have read that now cop26 glasgow is postponed to nov 2021 italy is joining with scotland in hosting it

bishop used to do special assignments for economist editor john micklethwait- they both moved to new york around 2015 - micklethwait to edit bloomberg news John Micklethwait - Bloomberg -there is also a halfday 

esg zoom hosted my moodys

-the 2 people my father expected to continue uniting east-west both died suddenly so the smithian editorilal purpose of the economist from founding in 1843 got lost in 1990s- it was already gone before mickletwait/bishop led it through 2005-15 

imo its best to frame the view that every leader who really knew fazle abed in 2010s heard him talking about university coalitions as the succession to his achievements in uniting the largest sdg partnership

 including the 3 hour brief on that topic he gave in remembrance of dad at japan embassy in dhaka 2012

- if soros-botstein yung economics scholars, central euro uni and open society university netwrking osun etc  helping you and ban ki-moon do what you want fine- but the more i look at soros people the more i cant see how they  linkin the two thirds who are asian except with a couple of activist projects eg palestine- and the more i wonder if there is anyone who updates soros on tech for sdgs

my fathers italian friend romano prodi -italian translator of entrepreneurial revolution 1976- has been over to beijing many times connecting students- it would be interesting if bishop is eager to unie prodi or of course any scots relevant to what smith and watt started up

gordon browns wife is hosting the only education summit at the unga75 in  that i can find - tell me if you want the registration details- gordon loved fazle abed but never really put a funding consortium around him - i suppose as the un's overall envoy for education he couldnt take sides; also this years 4 day bloomberg summit is free to zoom - more at www.economistun.com 

cheers chris.macrae@yahoo.co.uk

9th last sdg year- starting the student year20-21 from un in europe, geneva switzerland

the un's main web in europeis geneva -not only world health and trade who and wto there- prctical tradingmaps are made at unctad, its sister pracice arena the itu gets billionaires of mobile nations to debate their future maps, peace and nuclear are also mediated out of genevas' as our corporations 4 industrial revolutions at the world economic form- its big 3 annual events are davos the nearest moutain resort to geneva, china's radical tech and community champions, un in new york -its 4 metahubs apart from genva are beijing tokyo delhi san fran

Program of Events
Note: The time schedule is expressed in Central European Summer Time (CEST)
Saturday 15
2 – 2:30 pm Introduction - Young Scholars Initiative (Link to Attend)
Description: The session is specifically curated for the participants of the Summer School to introduce them to the Young Scholars of the Institute for New Economic Thinking (INET-YSI) and the UNCTAD Summer School 2020. During the session, we will briefly touch upon the structure of the Summer School and the technical modalities of the online platform. We will also present the details of the mentorship program and the blogpost writing competition. We will also use this session to address any other general or technical queries that the participants might have. Finally, we will also discuss ways in which the participants can be involved with the activities of INET-YSI beyond the Summer School.
Sunday 16
1 pm Welcome, Presentation of the School and Opening Keynote: “Why Do We Need to Transform Economics and How Do We Do It?” (Link to Attend)
Richard Kozul-Wright (UNCTAD)
Keynote Address: Jayati Ghosh (Jawaharlal Nehru University)
Debunking Myths Session: Myths About International Trade and Competitiveness (Link to Attend)
Moderator: Richard Kozul-Wright (UNCTAD)
2.30 pm Ha-Joon Chang (University of Cambridge)
3.45 pm Fiona Tregenna (University of Johannesburg)
Description: International trade theory has a vaunted place in the economics canon and its abiding notion of comparative advantage lies behind the one-size-fits all policy advice to liberalize as the assured way for countries to integrate beneficially into the global economy. In reality, international trade relations have always been structured around asymmetric patterns of dominance, economies of scale and technological learning and successful economies
have rarely embraced a simple policy of rapid tariff reductions. This opening session will provide an introduction to the debates around international trade and its place in today hyperglobalised world economy.
Monday 17
Debunking Myths Session: Myths About Monetary Policy, Inflation Targeting and Central Bank Independence (Link to Attend)
Moderator: Nurlan Jahangirli (University of Hamburg, YSI)
2 pm Mary O’Sullivan (University of Geneva)
3.30 pm Matias Vernengo (Bucknell University) -the only way nations have ever developed is state capitalism or finding a way to collect huge foregn reserves before focusing on a development leap
Description: Much of the pro-growth policy effort deployed in the past 10 years relied on the action of the central banks. The possible continuation of this framework in the Covid-19 crisis calls once again into question the actual capacity of conventional and unconventional monetary policy to trigger and reinforce a recovery, the fitness of the international monetary architecture to guarantee stability and, more broadly, the political role – both nationally and internationally – of central banks.
Tuesday 18
2 pm Thematic Symposium: What Green New Deal Can We (Not Not) Afford? (Link to Attend)
Moderator: Diana Vivienne Barrowclough (UNCTAD)
Richard Kozul-Wright (UNCTAD)
Juan Carlos Moreno Brid (National Autonomous University of Mexico-UNAM) -the triple whammy of covid is hitting latin am nations much worse than is being admitted- at the moment i cant  see any nation preventing loss of at least a decade of development
Juliet Schor (Boston College)
Description: The pandemic demanded a high human death toll, and it challenged the organization of our economies and lifestyles. But another looming disaster menaces our very own survival: the climate crisis. What can we and must we do about it? Is there a conflict between green economy, and development and full employment policies? What are the current challenges across the world? What is politically feasible?
Wednesday 19
Debunking Myths Session: Myths About Fiscal Policy and Structural Reforms (Link to Attend)
Moderator: Orsola Costantini (UNCTAD)
2 pm Nelson Barbosa (Sao Paulo School of Economics)
3.30 pm Jan Kregel (Levy Economics Institute of Bard College)- real economists are very fristrated- while we know when to urgently deploy a keynsian solution, politics has broken down so much that in crisis keysianism becomes the last ideology to be adopted
Description: Committing to do “whatever it takes” amounted to admitting that anything is possible. In front of evidence of past failure, is it still possible for policymakers to justify fiscal austerity and the compression of the living standards of the largest share of the population? What are the main relevant economic concepts at play and what are the practical challenges in designing a fiscal policy?
Thursday 20
2 pm Thematic Symposium: The Growth of China (Link to Attend)
Moderator: Yuefen Li (South Centre)
Kevin Gallagher (Boston University)
Arkebe Oqubay (Government of Ethiopia)
Justin Yifu Lin (Peking University)
Description: China has emerged as a global political and economic power, but just how strong is its model and what will its implications be in the post -pandemic?
Friday 21
2 pm Thematic Symposium: Discrimination and Intersectionality: Exposing the Blind Spots of Conventional Economics and Policy-Making (Link to Attend)
Moderator: Surbhi Kesar (Azim Premji University, YSI)
Elissa Braunstein (Colorado State University)
Naila Kabeer (London School of Economics)
Rhonda V. Sharpe (Women’s Institute for Science, Equity, and Race)
Description: Very few economists would argue that discrimination should persist. But the interpretation of the nature of the problems is just as divisive as the suggestion of appropriate policies.
Saturday 22
2 pm Thematic Symposium: The Future of Work, the Future of Welfare (Link to Attend)
Moderator: Piergiuseppe Fortunato (UNCTAD)
Deborah James (Center for Economic and Policy Research CEPR)
Ipek Ilkkaracan (Istanbul Technical University- ITU)
Guy Standing (SOAS University of London)
Description: Experts have been denouncing the dualism and inequality in the labor market both in the developed and in the developing countries. The current crisis has both intensified and transformed those tensions. How does the future of labor look like, and how can governments respond and adapt welfare institutions? What choices are they likely to make?
Sunday 23
2 pm Concluding Debate: Neoliberalism is Dead. Long Live…What? (Link to Attend)
Moderator: Grace Blakeley (International Progressive Policy Review-IPPR)
Jayati Ghosh (Jawaharlal Nehru University)
Gerald Epstein (University of Massachusetts, Amherst-UMass)
Surbhi Kesar (Azim Premji University, YSI)
Rob Davies (Ex-Minister, Trade and Industry, South Africa)
Quinn Slobodian (Wellesley College)
Description: The effort deployed by governments during and after the lockdown led observers to claim that globalization and the Neoliberal order, already shaky, have finally given way to a new state-driven nationalist model. While hopes for a new more equitable global system remain open, the dollar has proven to remain soundly at the top of the international monetary hierarchy. Similarly, the power of big financialized corporations does not seem to diminish, nor previous geopolitical tensions around the world have disappeared.
How to Apply:
Deadline for applications: August 10th
UNCTAD summer school welcomes applications from young policy makers and scholars, as well as members of the diplomatic corps.
To apply to summer school please visit the application form.
Contact information
For specific inquiries, please contact: gul.unal@un.org or development@youngscholarsinitiative.org
General Information
The school is jointly organized by the Division on Globalization and Development Strategies at UNCTAD and the INET-Young Scholars Initiative.
Organizers information
UNCTAD
UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly in 1964. The organization is governed by its 194 member States and is the United Nations body responsible for dealing with economic and sustainable development issues with a focus on trade, finance, investment and technology. It helps developing countries to participate equitably in the global economy. UNCTAD carries out economic research, produces innovative analyses and makes policy recommendations to support government decision-making.
Division on Globalization and Development Strategies at UNCTAD
The Division promotes policies at the national, regional and international level that are conducive to stable economic growth and sustainable development. It regularly examines the trends and prospects in the world economy, undertakes studies on the requirements for successful development strategies and on the debt problems of developing countries. It also provides technical support to developing countries in their efforts to integrate into the international financial system and to manage their external debt.
INET- Young Scholars Initiative
YSI is an international community comprised of students, young professionals, and researchers. It provides a home to students, young professionals, or others who embrace new and critical ways of thinking about the economy. YSI fosters conversation between like-minded peers and connects young scholars to the Institute’s vast network of economists. YSI provides a platform for pursuing your interests in new economic thinking and a lively and stimulating intellectual environment for collaborating on furthering our understanding of the economy. The goal is for every member to be able to follow their curiosity and find resources and support for their specific intellectual pursuits in the overall community effort.

why brand experts cant see europe leading the sdg generation unless

linked reference worldclassnations.com

if you make a list of the moving parts that advances a 21st c region the europe isnt designed to be "moore" than the sum of the parts-moore's 100 times tech multipliers each decade needed forward looking entrepreneurship not historical politicking; the eu isn neither agile -how do we urgently unite around new challenge -eg virus - nor exponentially integrating communities with what youth could be innovating as 4 post industrial revolutions surround our online potentials as networkers as much as 4 directions of the compass define our possibilities to supply and demand physical things- in between 2020 was the decade when for an extra 5 dollars any thing could have had more analytical power than a human brain but remained as dumb as the deep data it was told to crunch and operate humans round- 21st c generations needed the best of privacy and transparency- the eu is designed around the worst of both worlds- as is washington dc but its worst comes from having no history in the old world until 1945 whereas the europeans who once built america seem to be incapable of translating the new education coalitions sustainabity goals required

viewing the world from specific european programming of national mindsets
our list shows germany dominates policy because of
1 the euro is fixed so the biggest nation dominates banking investments if not all of its richest individual's practices - eg that left typically to luxembourg, monaco, switzerland
2 german knowledge dominates old engineering ie planes airbus, cars,trains- europe doesnt do shipbuilding nor the pars of space that free people eg satellites, drones
3 germany's choices of energy policies have complex interactions on rest of europe- to unify east germany with west, germany needed russia's energy therefore the eu was never actually goind to support ukrainian or other countries that left the ussr if it broke the energy flow; because the german public probably correctly want to get out of nuclear even as germany looks into the engineering of how renewable grids come together its not yet ready to end its relationship with russia
4 to the extent that english is still an advantage in software, nordica and ireland as an america gateway lead that- nordica is the bridge to 5g; america is determined to slow down all the humanising of machine intel nationwide 5 g could have deep data'd
5 souls for the sdgs can be found in the two un brand nations- austria which is potentially open to every knowhow students of sustainability need -nations whose university coalitions could most help austria are netherlands already happening on new curricula mediated by ban-ki moon, ai could happen with nordica and in any particular sector that wants to give back to communities tby defining innovative deep data policies -to do this twinning youth with leading 5k asian nations is essential be that the island innovators like singapore, taiwan, hongkong or the big players in what ai does japan, korea, china; switzerland through geneva being europe's main policy debating space on everything - eg health, trade, what mobile owners do itu, nuclear and peace, but as noted in one does some of the actual financial flows for the richest individuals- one way youth can liberate part of swiss banking for old hidden agendas is to redesign global sports starting with the olympics -all its fashion sports: eg gymnastics, swimming, skating,  - and keeping on demanding both transparency and youth involvement in lives matter of world cup football
6 of the 3 main nations that could stand up for franciscan values - italy remains the only one that needed the med sea to return to the happy bay area it was in marcopolos days linking positively every rout to asia before the anglo-dutch domination of asia's coastal belt by circumnavigating africa -and of course much later the suez canal's disturbance of all nations interfacing at the 3 continents landbridge aka middle east aka west asia
7 spains big influence remains linguistic - with spanish being spoken more than english across the continent of america
8 the irony of france is it remains the nation of bon-viveur rural life particularly gastonomy and historical tourism but where does that go in a covid world
9 you need to revisit each sector -agriculture to end poverty isnt done by europe unless it chooses where its aid actually learns from typically village women empowerment- eg the bangladesh bracuniversity coalition can be a beacon of light; note the irony while phara policy is controled out of swiss and us big pharma, when you need innovation to end viruses its still places with roots back to fleming and nightingale like boston and oford who may deliver the student brilliance

dear stephen davies THANKS!

these 2 briefings on china and education are the happiest contributions to entrepreneurial revolution since the death of my father norman macrae 2010 whose life surviving war as teenager in bomber command present-day myanmar encompassed last class tutored by keynes, 40 years at the economist, doubling up scottish diaspora curiosity through the maternal side of my family tree including grandad sir kenneth kemp who wrote up legalese of india's independence after 20 years as mumbai's chief justice mediating gandhi and for several years judge on iea/fisher prizes

Entrepreneurial Revolution 1976 The Economist by Norman Macrae

 

after economist survey celebrating rise of japan in 1962 including at least one speech prince charles made in his superb relationship building with japan emperor, sony etc, father took on how to roll back dismal traps of british empire across the majority of the worlds people living on continent of asia; as well as connecting this with two other movements- how 100 times "moore" tech and mobile coms required celebration of leapfrogging every 1g to 5g decades 1980s to 2020s (our 1984 book the 2025 report -english version 2024 report-argued only educational transformation could achieve this)- plus dad's 1977 economist survey of china composed round 3 cheers

3 china had discovered rural keynsianism partly with borlaug alumni and partly with bangladesh fazle abed's women lift up half the sky by building rural health interventions

2 deng had concluded he wanted tsinghua to learn deming engineering from the japanese- the work of ezra vogel goes into deep detail on this

1 above all china was betting its future on education in line with adam smith opposite to british empire education - dads 1986 paper

please tell me at any time if there is any way i can connect with your teams between now and eg glasgow cop26 nov 2021 where we hope to organise a fringe festival on health, education and oriental friendships as well as climate : i know the bbc studio of david attenborough whose nephew i grew up with at school please say- adam smith is often misunderstood- he hated the slavery colonial model london had already spun south and east- with first engineer james watt he advocated the age of humans and machines should go west from 1760 with united states of english speaking- by all means our island should be a state led out of eg Philadelphia subject to one condition- not just legalisation to end slavery but compensating any owner of a business model eg plantations flowing round slavery to be taken over with a new model that valued lives matter- the whole advance west could have freed people with smiths model instead of by 1860 china closing itself to world trade rather than accept britannia proposition of opium as a trading currency

britain absolutely has a responsibility to the two thirds of humans who are asian as well as the fifth that are chinese and 0.1% who are hong kong-

thank you for raising hope as many tipping points crash over the next 5 quarters- i live in washington dc region where the hate between nations spiralled by trump means that the coalition needed between now and nov 2021 to leap over broken health, trade, bad banking fintech, lost edutech, deep data tech , trust , true media,  climate systems if to be translated in english wont be led from dc -not in the next 15 month timeframe- there is hope in the soros osun coalition OSUN | Open Society University Network at Bard College

OSUN | Open Society University Network at Bard College Open Society University Network (OSUN) at Bard College

 

but i am unclear which london network of this would celebrate your views- i think the vice chancellor of oxford could bridge both smithian cop26 and schwarzma-mit-tsinghua if you know her

also dad's 1976 survey entrepreneurial revolution enjoyed italian translation by a young romano prodi- if he or franciscans can unite italy's contributions to cop26 this can mitigate english speaking world loss of influence with the eu - a peculiarly top heavy network since its birth at messina 1955 where dad was the only journalist

whatsapp/mobile +1 240316 8157 norman macrae family foundation outofbeltway

On Sunday, 16 August 2020, 03:59:55 GMT-4, Institute of Economic Affairs <iea@iea.org.uk> wrote:

TALKING POINT, BY DR STEPHEN DAVIES ON THE UP? NOSE TO NOSE YOUR CHANCE TO WIN! YOU'RE INVITED TALKING POINT, BY DR STEPHEN DAVIES Last week Syed Kamall and I published a joint paper on the approach that the UK and other Western countries should take towards the Chinese state, in the aftermath of Covid-19. There is clearly a significant cooling of relations going on, in response to the increasingly aggressive behaviour of Beijing and the way it handled the initial onset of the virus, and many fear, or hope, that this will lead to a second Cold War with the CPR. We argued that this would be mistaken and costly and rested upon a mistaken idea of the goals and motives of the Chinese leadership, but also that a business-as-usual approach was not sustainable. We proposed a third path – of some economic engagement, but combined with action by civil society and private bodies to develop contacts with people within China who opposed the regime and to support them. On Thursday the IEA published my paper on the way forward for the UK’s university system given the funding crisis brought about by the pandemic. 'To a radical degree' argues that financially distressed institutions should not be bailed out. Things like rescues and mergers should not be used to produce a slimmed down system that is more focused on STEM. Instead we should take the opportunity to rethink HE policy pursued by governments of both parties since the mid-1980s, and move to a much more pluralistic and varied system. Above all, there is a need to break the link between having a degree and access to high paid or high-status jobs. The paper was released to time with A-level results which, it would be fair to say, have been a monumental shambles. The despair and angst on display emphasises the point of the paper: why do so many people think that their entire life prospects or those of their children depend on getting into university at 18 (or, even worse, a particular university)? As a society, we need to rethink this. I discussed the findings of the paper in a video, and wrote articles for City AM and the IEA blog. Dr Stephen Davies Head of Education, Institute of Economic Affairs ON THE UP? This week, GDP figures published by the ONS confirmed what we already knew: the UK fell into recession in the second quarter of this year. The data made for sombre reading, but the real "news" is that the recovery that began in May accelerated in June. Quoted in The Sun, IEA Economics Fellow Julian Jessop commented that while there is still a long way to go before these green shoots return the economy to where it was before the pandemic struck, "mighty oaks grow from little acorns". Julian added that "people now need to be encouraged to come off furlough and get back to work as soon as possible — whether this is for their existing employer or for another business that is better able to cope with the ‘new normal’, whatever that may prove to be". You can read his response in full here. Julian’s comments also appeared in The Telegraph. He argued that data revealing the biggest quarterly fall in productivity on record "was to be expected," given that during a recession firms tend to focus on preserving jobs so they can avoid the cost of firing and then rehiring workers. Also in The Telegraph, IEA Editorial and Research Fellow Professor Len Shackleton responded to the ONS labour market statistics on Tuesday, which showed that Covid-19 job losses have hit the oldest and youngest workers the hardest. Len argued that these workers "represent an important potential resource and should not be forgotten by policymakers". Read his comment in full here.