Date(s) - 01/12/2017
6:00 pm - 8:30 pm
Baker & McKenzie LLP
NAF-Biz New York, the Dutch Financial Club,
and the International Executive Resources Group
Trends, Shocks, and Changes: Forces Behind Slow Global Growth
Bart van Ark
Chief Economist at The Conference Board
Thursday, January 12, 2017
5:30 – 8:00 pm
The global economy has now entered its sixth year of stagnation, and the growth outlook for 2017 shows a continuation of this trend. A projected stabilization in energy and commodity prices may provide a small tailwind for resource-rich economies in 2017, but the medium-term trend continues to be dominated by weaker growth in key inputs, notably investment and labor supply. Modest positive signals emerge from the base scenario showing some strengthening in qualitative growth factors, such as more advanced technology, improved labor force skills, and greater productivity. However, those potentially favorable factors are under pressure from ongoing political, policy, and economic uncertainties around the world. This risks further inertia caused by a wait-and-see attitude among corporates and governments. Bart will discuss how businesses need to prepare for more disruptions from geopolitical tensions, policy uncertainty, financial market volatility, and rapid changes in technology, but also need to stay focused on leveraging the qualitative sources of growth with investment in technology and business productivity even—or especially—in these times of stagnation.
Baker & McKenzie LLP
452 Fifth Avenue
New York, NY 10018
Non Members: $35
Refreshments will be served
About the Speaker
Bart van Ark is Executive Vice President, Chief Economist & Chief Strategy Officer of The Conference Board, a global research organization with its head office in New York City in the United States. He leads a team of almost two dozen economists in New York, Brussels and Beijing, who produce a range of widely watched economic indicators and growth forecasts, as well as in-depth global economic research. Bart is an acclaimed expert in the field of international comparative productivity measurement and analysis. He is frequently featured in major international business media, including Bloomberg, CNBC, the Financial Times and The Wall Street Journal.
International Executive Resources Group (IERG) www.iergonline.org is a unique, volunteer, not-for-profit business networking association for senior executives who have lived and worked outside of their home countries for significant spans of time. It is run by and for its members, who enjoy participating in a global community of business leaders whose perspectives have been broadened and enriched by time spent overseas. Members are located around the world and engage with each other both in person through chapters based in select cities and through active virtual forums that keep all corners of the world within reach.
The Dutch Financial Club (DFC) membership consists of professionals in the financial and related industries (e.g. Finance lawyers, economists). All members are of Dutch origin and have mostly permanently established themselves in the NY area. The DFC endeavors to organize networking events to discuss broad business related topics.
NAF-Biz New York is a platform for the exchange of international business management information, experiences and ideas among the Dutch professional community in the New York City area and U.S. professionals who do business with the Netherlands.