Global Economic Outlook

Trends and predictions for the AI world. The importance of careful communication. Groundbreaking research using neuroscience to predict human choices. Employee disengagement and what to do about it. The importance of generalists in a tech-driven working world. Darden Ideas to Action insights draw from faculty expertise, books, research and cases.

Recently, the Federal Deposit Insurance Corporation — best known by its initials, FDIC — took over two banks a country apart after customers ran to get their money out in fear of their imminent closure. What happened, why and what’s next, both short-term and long-term?

The past year has seen a dramatic shift in the landscape for the economics of AI. Artificial intelligence has made remarkable progress, and this progress has been faster than many expected. As we enter 2023, Darden Professor Anton Korinek shares some facts and his expert opinions on the implications of these developments.

The Global Alliance for Trade Facilitation promotes inclusive economic growth by giving developing and least developed countries better access to international trade. A neutral convener between government and business, it provides technical support and guidance, channeling global business knowledge. It is a leading public-private partnership.

Between 2020 and 2021, the number of billionaires in China rose by more than 60 percent. Compared to the U.S. — which still holds the highest number of billionaires — China’s list changes frequently. Why does it show so much turnover? The answer has to do with the country’s dualistic capitalist-socialist identity.

Professor Shane Dikolli has used analytical modeling and empirical analysis to evaluate CEOs for much of his career, and he and the Batten Institute’s Sean Carr discuss why the insights hidden in plain sight within accounting disclosures have important implications for business managers at every level.

The glass ceiling exists around the world. In this podcast, Professor Gaurav Chiplunkar discusses his new research on the barriers faced by female entrepreneurs in developing countries, how their challenges harm the entire economy, and what business leaders and policymakers can do about it.

Some economists urge countries to embrace government borrowing — but can too much debt prove a problem in a crisis? Yes, determines new research. The COVID-19 pandemic has had vastly different economic impact on governments that are fiscally constrained as opposed to those that are fiscally robust. Professor Tomio discusses the details of his study

Professors Peter Debaere and Dennis Yang share what they believe it will take for the United States to reclaim a central position in the world under the Biden administration.

It’s a pivotal moment for the U.S. and global economies, and the U.S. Federal Reserve holds a key position of influence. Professor Frank Warnock, a former Fed economist and current research adviser with the Fed, discusses the tools available and possible next steps for the Fed as the Biden administration steps in.