Whither the war on white-collar crime?

Just when America’s get-tough-on-white-collar crime prosecutions were beginning to pick up steam, Content Director Deepali Srivastava writes, new uncertainties are gumming up the works. Will the new administration double-down on its “crime doesn’t pay” narrative? Or will the push to deregulate corporate America give fraudsters free rein? Check out her new Forbes column to find out.

The Silver Lining to 2016

This year was a pretty tough one. There were the surprising election results in the US and UK, which left me disappointed, to say the least. And memorials were weightier and more numerous in 2016; here’s an analysis from way back in May. For me, many of those lost were heroes (not mere celebrities), including Muhammed Ali, David Bowie, John Glenn, Gordie Howe and Harper Lee. In April, my mentor in thought leadership, Joel Kurtzman, passed away. It was a savage year for me. Luckily, Content Director Deepali Srivastava pulled me out of the doldrums with her most recent Forbes …
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China’s energy finance footprint

Renewable energy investment in China reached US$ 102.9 billion in 2015, according to the UNEP. That was 36% of global investment – more than the US, the UK and Japan combined. But China’s energy finance footprint is larger than the Middle Kingdom itself, explains Content Director Deepali Srivastava in her latest Forbes column. For its twin development banks are now the largest provider of energy finance in the world. China Development Bank and Export-Import Bank of China together provided US$ 13.5 billion a year from 2007-14 in energy finance to foreign governments, which is more than the World Bank provided …
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Re-examining the story of climate change

Conventional wisdom places the Industrial Revolution at the heart of the climate change crisis. It was a period when Western nations harnessed fossil fuels to power factories, middle-class consumers discovered consumerism – and, of course, carbon dioxide emissions began to rise. Or so the story goes. Our Contect Director, Deepali Srivastava pokes holes in that narrative in her most recent Forbes column. She sat in on a spirited conversation between Amitav Ghosh, author of The Great Derangement: Climate Change and the Unthinkable, and historian Naomi Oreskes, and came away convinced that imperialism had as much to do with climate change …
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The Olympics turn to Asia

The Olympics are a sore subject for some of us. Notably, our Boston contingent was quite mixed, to say the least, in its support for Boston’s 2024 Summer Olympics bid. Asia, on the other hand, has not been afraid to show its Olympics spirit. Korea, Japan and China are hosting the next three five-ring circuses. And why not: Those three nations rank 11th, 7th and 2nd, respectively, in the Rio games medal count. And don’t forget South-East Asia, which FiveThirtyEight picks has the dark horse to have most outperformed expectations this summer. Still, the reality is that the economics of …
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Transparency can appear where you least expect to see it

No one would blame you for thinking companies based in developed economies set the pace in terms of transparency. After all, you would think transparency would go hand-in-hand with the established institutions and legal protections that place those markets at the top of the World Bank’s Doing Business rankings or the World Economic Forum’s Global Competitiveness Index. Think again. The US ranks third in financial secrecy, for example, behind only Switzerland and Hong Kong, according to the Tax Justice Network. Domestic legislation that would force US companies to disclose their ownership structures remains stalled. And some new research from Transparency …
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Global inequality is reaching a tipping point

Pop quiz: Is global inequality rising or declining? It depends. Inequality among and within nations has gone up, as you might have guessed from reading 2013’s book-of-the-month club sensation, Thomas Piketty’s Capital in the Twenty-First Century. But if you’re talking about the global populace, inequality has actually gone down. What makes that paradox possible, explains economist Branko Milanovic in this Forbes interview with Content Director Deepali Srivastava, is the rise in income of the billions living in big, relatively poor countries, notably China and India. Even though inequality has risen within those countries, the net effect has been to flatten …
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Lessons from Apple’s adventures in emerging markets

Apple is having a rough go in big emerging markets. First, India denied approvals for Apple to open retail store or expand its presence with “certified and pre-owned iPhones.” Then, China banned sales of Apple’s latest iPhone models over a patent dispute. What’s going on? Corporate charm offensives are falling short because of misunderstandings about the issues at hand, writes our Deepali Srivastava in her Forbes column: “In short, Apple wants India’s market, while India wants good jobs and a cleaner environment.” These kinds of misunderstandings point to the need for more enlightened forms of corporate diplomacy.