Economic decisions have a direct impact on the development of our society. Learning to manage the synergies between the economic world, businesses and communities helps improve individuals’ living environments, deal with crises and conflicts, and support organizational development.
Wealth inequality is a major global issue – the richest 10% of the world’s’ population hold some 75% of all wealth. One important factor is stock market participation. Over time and on average, stock market investors, long term holders of index tracker funds for example, end up wealthier than those who put their money on deposit. Yet, despite the proven benefits, many people are reluctant to invest in the stock market.
Until electric cars become commonplace, vehicles with internal combustion engines will remain a major contributor to air pollution. The UN predicts that some 70% of the world’s population will live in cities by 2050, up from around 56% today. More urbanization means more traffic in urban areas, more air pollution and a negative impact on air quality, health and the climate. At the same time there’s growing pressure from civil society to reduce air pollutants, often through clean air campaigns. As a result, policymakers are searching for ways to reduce our exposure to car emissions.