The peaceful transition to democracy and a market economy remains one of the most demanding political, economic and societal challenges facing the world's nations today. By providing a knowledge base of factors leading to success or failure in development and transformation, the BTI facilitates learning amongst decision makers and helps to improve future strategies. ·
On June 16, 1723 (June 5 according to the old Julian calendar), Scottish moral philosopher and a pioneer of political economy Adam Smith was born. He is one of the key figures of the Scottish Enlightenment and is best known for two classic works: The Theory of Moral Sentiments (1759), and An Inquiry into the Nature and Causes of the Wealth of Nations (1776) ·
On June 5, 1883, British economist John Maynard Keynes, 1st Baron of Keynes, was born. His work and his ideas have fundamentally affected the theory and practice of modern macroeconomics, and informed the economic policies of governments. He is one of the founders of modern macroeconomics and is widely considered the most influential economist of the 20th century. ·
Gegen den Wachstumswahn
Nachhaltigkeitsforscher über den notwendigen gesellschaftlichen Wandel
Reinhard Loske im Gespräch mit Jan-Christoph Kitzler
Die Wachstumsraten in den Industriestaaten werden "so sicher wie das Amen in der Kirche" zurückgehen, sagt Reinhard Loske, Vorsitzender der Studiengruppe für Globale Zukunftsfragen. Er kritisiert die Fixierung der Politik auf Wachstumsstimulierung und Wachstumsbeschleunigung. Neue Lebensformen wie gemeinschaftliches Wohnen oder Car Sharing seien dagegen eine ermutigende Entwicklung. ·
In 1914, a business executive named Henry Ford did a startling thing:
He announced that he was going to more than double the wages he was paying his employees, from $2.34 to $5 a day--the equivalent of $120 a day in today's money.
The country was as shocked by this then as it would be today. ·
Japanese billionaire Hiroshi Mikitani decided two years ago that the employees at his company, Rakuten Inc., should work almost entirely in English. The idea, he said, was a daring and drastic attempt to counter Japan's shrinking place in the world.
"Japanese people think it's so difficult to speak English," Mikitani said. "But we need to break the shell."
With the move, which took effect at the beginning of last month, Mikitani turned his e-commerce company - an Amazon competitor - into a test case for corporate Japan's survival strategy.
As Japan's population declines, all but guaranteeing ever-decreasing domestic business, companies here are grappling with how they should interact with the world and whether they can do it successfully. ·