Davos 2017: Highlights From the World Economic Forum

The transcript discusses the importance of free trade and the negative impacts of protectionism, highlighting potential shifts in global economic relationships if US-Asia ties worsen. It touches on Brexit's implications for market access and business decisions, particularly in Europe. The conversation also delves into economic inequality, noting that while productivity increases, the benefits are not evenly distributed, leading to public discontent and political responses.

What is a potential outcome if US-Asian relationships worsen?

• A decline in global trade

• Increased protectionism worldwide

• A trade war between Europe and the US

• Stronger economic ties between Europe and Asia

Which city could benefit from the uncertainties surrounding Brexit?

• New York

• Sydney

• Tokyo

• Berlin

What is a challenge faced by companies operating a branched model system in Europe post-Brexit?

• Higher labor costs

• Need to relocate operations

• Loss of European customers

• Increased tariffs

What is a major concern related to the growing economic pie?

• It is shrinking rapidly

• It is benefiting everyone equally

• It is not being measured accurately

• It is leading to inflation

What is a significant factor contributing to social unrest according to the transcript?

• Higher taxes

• Increased immigration

• Lower median wages compared to 20 years ago

• Rising unemployment rates