Horasis:The Global Visions Community Horasis China and business Asian business Asian business globalization systemic risk sustainability management consulting Asian trade globe visions leadership skills scenario-building World Economic Forum Frank-Jürgen Richter Frank-Jurgen Richter Frank-Juergen Richter Frank Richter
      Home Site Map Email
Home
Philosophy
Management
Events
Contact
Opinions
 
2017
Asia Needs more Dialogue
Solutions to urban pollution may prove complex
Spread of ESGs could herald new global movement
Investing in quality education is imperative if India wants to reap demographic dividends
China needs to lead in new multi-stakeholder world
China’s B&R initiative leading a resurgence of Asia
Education is key - but long-term: Can we survive?
New wave of robots will be beneficial to all
China needs to continue with its ‘heavy lifting’
Time is right for Chinese firms to invest in Europe
Robots to the rescue for China?
Asian Multinationals are Going Global, But to Where?
China ratchets forward with energy efforts
China’s calm necessary for globalization push
Bridging managerial gaps involves trust-building
China well-placed to power its future through green technology advances
China's new 'springtime' is here
2016
China’s moves show it’s banking on the future
Mindset for action at the G20 summit will be determined by Chinese presidency
Chinese head-hunting intensifies for rare managers that can steer overseas firms
US talk of isolation jars with growing links in Europe and Asia
Electoral rhetoric on global trade not in sync with reality
Is it time to be prudent and consider austerity policies again?
What will we do if we have no oil?
Unlock talent by finding the right fit for a person
The benefits are real and tangible
Trade along China’s ‘One Belt, One Road’ won’t succeed without the currency of trust
Reasons for optimism about the long term
2015
Can big oil go green and win?
Poorer Nations Could Sway Climate Talks
Combating Idleness and Deprivation
How China can be a model of food sustainability for the developing world
Kyoto II – Is it a Done Deal?
A meeting of the two largest economic powers
Why China will experience a 'soft' landing
Beware of superstitions
The Elephant and Dragon move ahead
G-7 target on fossil fuels raises many questions
Why Battle for Net Neutrality in the US Matters Globally
China’s resurgence – the ‘normal new’
Wanted: A managerial culture that embraces cultural differences
China's early education plan a smart investment in the future
The New Normal for China and India
2014
China's infrastructure push offers a sure track to better growth
US-China climate pact a good start, but not quite enough
Rethink the human’s place in the ‘digital revolution’
China springs a carbon surprise
Infrastructure - the invisible hand in full view
Dialogue vital for survival of Iraqi nation
China must nurture a new generation of beautiful minds
Great expectations in China and India
GM Cereals – The Pros and Corns
Time to be Honest about Our Energy Prospects
Weathering the Storm of Climate Change
Making a Big Decision? Beware of Your Biases
West Deserves Better Logistics Infrastructure
Digital Currencies do Represent the Future
From 'Printed' Houses to Wooden Skyscrapers
It’s time to bail out our schools, not our firms
Solution to India’s housing shortage – print new ones!
And the most promising green technologies of 2014 are ...
Transport infrastructure key to domestic, export growth
Oil stopgaps: Not worth risking
2013
Why the US should grant Edward Snowden amnesty
May we be more optimistic!
China headed for another massive social experiment?
A dialogue that worked
Yes, politicians deserve vacations - because we benefit
NPOs, NGOs invaluable as creators of dialogue
Look closer and ask: Is America reinventing itself?
Boston bombings case underlines need for dialogue
Millennium Development Goals or own goals?
As usual it's about balance - and timing - of course
Chinese strategists make right moves for growth
2012
Preparing for tomorrow
Austerity or growth?
Japan in danger of becoming 'just a place to fly over'
Beware of the business cycle?
An inconvenient truth
Limited offer sale: Buy a country
Where did our money go?
Leading from behind - a year of elections is almost over
Driving towards a green future
Waiting for springtime
Preserve or Perish
Startlingly similar Asia policy for Obama, Romney
Globalisation remains an irresistible trend
Google has the edge in smartphone war
U.S. Braces for China's Rise
Mankind’s General Scourge
The summer holidays are over and nothing has changed!
Put the hidden trillions to work
Making sense of India’s woes and wonders
Storm in a teacup!
Let’s give bad bankers a venue to admit their sins
News is about depth, not puff or velocity
Booming India, but too few toilets
Delayed Court decisions doesn't mean one may continue to play 'Great Game'
We need media to reflect on data and offer public a balanced view
Big polluters can lead in forging common purpose
The weighty issue of choosing a leader
EU-India Relations - Facing similar challenges
Educating with a goal
The Judicial Malaise
We are growing out, but not growing up
EU´s retrenchment enigma
Urbulence in the Eurozone and the effect on SMEs
Skolkovo May Help Russia to Diversify
Make things more effective
Tapping into the Commonwealth connection
Innovative models for public finance
Facebook revolution but Indian style
The feel-good factor
Asian investors - a private equity opportunity
India needs to be taller and stronger
China´s low sales volume...
Nations playing leapfrog
Shafts of sunlight
What webs we weave
As performers go to Davos, the circus steals the show
Can we control the politicians?
 
2011
Europe’s reminiscence
China firms should go for win-win in overseas ventures
Of procrastination...
Making sense of profiteering
Truth about financial mess must be laid bare
Small is also beautiful
China can help Europe with debt crisis
Excising the cancer of global corruption
Education, a critical asset
Arab uprisings set in motion forces of creative destruction
A new era of change
We must ensure better education for all
Beijing wary of bankrolling a lost cause
Asean's re-emergence as a local and global leader
Why India's Role in the Global Economy is Still Work in Progress
Its the leadership, stupid!
Reverse globalisation: The new buzzword
May we be more optimistic!
Tit-for-tat actions have not created solutions for centuries
By Frank-Jürgen Richter
Khaleej Times, November 25, 2013
 

Two years ago, writing in these columns, I was mildly pessimistic yet held out hope for the future in 2012. I was too early! The real fallouts of the big financial crisis had yet to take place — and indeed are still ongoing with the big banks being fined heavily for their misconduct. And the insurrections we called the “Arab Spring” were underway, but as yet seem not to have settled. So why am I more confident?

First, the uprisings: It is true that at present we see issues being fought over from West to Central Africa, round the North African coast and into the Middle East with Syria having, sadly, the largest death toll. Yet even in the latter country there is some easement of the situation — not so much on the ground where killings take place hourly, but at the negotiating tables in many countries. There is a hint the solution might be as in Lebanon when Hussein Al Husseini brokered a solution in 1989: A plan was laid down by all sides (those internally involved, those supplying proxy aid and the major observers) to stop fighting and to talk. We all hope for Syria!

We hope too in the wider Arab world that their deep divisions may be addressed by discussion rather than the tit-for-tat that has continued over centuries. Can’t people see that such actions do not create solutions? The various “springs” need to acknowledge what Nature intended — it is the time for new growth.

Second, the finances: The globe is slowly recovering its economic stability. This will indeed take a long time, as we were once too optimistic: We did not acknowledge the long time-span of the supply chains and their linkages into the money supply. Crudely summarising — the banks failed, money lending slowed, and firms destocked both physical and human capital. Then customers again demanded products, firms tried to ramp up but found capital illusive so could not produce, and thus demand slumped. Meanwhile, technological inventiveness moved on; some firms invested to gain markets, others found they had to change their machinery to keep up, and also to engage and retrain staff… and all the while this is being played out in a global marketplace wherein each nation exhibits a different business cycle with differing time-frames.

For too long we have succumbed to the business guru who extolled that “lean is mean” and firms had to operate with less stock as it represented unproductive capital. However, once supply chains are broken firms need their stocks (physical and human) to be the elasticity to get them through the difficult times. That was the case: Now firms are rebuilding stocks and rebuilding global supply chains. Almost everywhere GDP is rising, though not as fast as in the boom days. This boosts customer confidence as well as in the wider service industry and in the minds of the government decision makers.

And last, We The People. That was part of the title of the United Nations document defining the Millennium Goals. These were a series of eight targets to be reached by 2015 defining how “we the people” would all be better off if we could jointly pursue actions to meet goals like “eradicate poverty for the mass of people living below $1.00 per day”. The 2010 review of progress has found that we have indeed already reached this target and are well on the way to reaching other targets. The 2015 goals look achievable, and work is underway to set new global growth targets to support our weaker brethren after 2015 passes.

One goal in particular to promote gender equality and empower women is of vital importance globally. Another UN study shows that most nations’ birth rates have fallen below their sustainable rate of two children per family. Although this will not slow down the total global population growth until after 2075 all nations need a larger young population than at present to create a workforce able to support their ever older and longer living population. Thus we all need to see women, who represent 50 per cent of the natural population, well educated and able to do all the tasks that men do.

All in all I am now more optimistic than a couple of years ago. Perhaps it is just that I have “grown up” and look more clearly at the world. Perhaps the world too has “grown up” and is less complacent; working rather more actively towards global solutions rather than the self-interest that was widely practised.

 

Frank-Jürgen Richter is founder and chairman of Horasis, a global visions community


Horasis is a global visions community committed to enact visions for a sustainable future. (http://www.horasis.org)

For more information, please contact:
 
Communications and Public Affairs
Horasis. The Global Visions Community
phone: +41 79 305 3110
fax: +41 44 214 6502
e-mail: visions@horasis.org
 
 
Copyright © 2005 Horasis Web by Toronto Web Design