Erika Ayers Badan: Solving Food Insecurity One Dollar at a Time
This week, Erika talks with Allen Warch, Vice President of Food and Fresh at Dollar General, about how the company is transforming itself from a…
Thought Leader: Erika Ayers Badan
Russia’s Slowing, Sinking Economy
By Ian Bremmer (original source LinkedIn Pulse)
“You wouldn’t know it from Vladimir Putin’s swagger, but the Russian economy is in dire straits. The country has $360 billion in cash reserves, but unless things change, that cash won’t last. These five stats explain why Russia’s economy is headed for trouble. This piece has been repurposed from my column in TIME.
1. Lack of Diversification
Small and medium-sized enterprises (SMEs) play critical roles in a well-balanced economy. That’s because SMEs spur innovation and new job growth, and they’re nimble enough to adapt to evolving consumer trends. The EU is stagnant, but its SMEs still contribute 40 percent of their respective countries’ GDP. In Russia, that number is closer to 15 percent.”
Click here to read more
Relevant and recent posts
Niall Ferguson: AI’s Great Brain Robbery
ChatGPT and its like have swept through academia, changing how students work, write and think. The bots are here to stay, so we need to…
Thought Leader: Niall Ferguson
David Frum: Canada-U.S. trade negotiations and Canadian nationalism
Leading author, journalist, and thinker David Frum and The Hub’s editor-at-large Sean Speer discuss the state of Canada-U.S. relations, including the ongoing trade negotiations as…
Thought Leader: David Frum
More with this speaker
Ian Bremmer on Iran’s “No Damage” Propaganda
Thought Leader: Ian Bremmer
Ian Bremmer: Iran’s Retaliation Shows Strategic Weakness
Thought Leader: Ian Bremmer
Ian Bremmer: Iran looks to negotiate ceasefire
Thought Leader: Ian Bremmer