What is Debt Management? How to assess the positive impact of Cognitive Artificial Intelligence (AI) and Financial Technology (FinTECH) on Debt Management Data Analysis? How to break the Global Debt Supercycle? What is the Global Debt in multi-trillion-dollar? About the National Debt?
"The economic system requires long-term balance between what people earn and what they spend. The loss of this balance has led to a massive debt supercycle that threatens the global economy. Breaking the cycle is one of the most pressing challenges of the 21st century, writes Atif Mian in F&D magazine."
As a successful Global Servant Leader and a Former Professor of Psychology, I just read the positive and inspiring message from the IMF Managing Director Kristalina Georgiva, posted on Linkedin: “Embracing the wisdom of Shirley Chisholm, the first black woman in the US Congress: if they don't give you a seat at the table, bring a folding chair.” – “Proud to stand alongside these exceptional women from the World Bank and the International Monetary Fund to celebrate International Women’s Day. They not only brought the chair, but redesigned the entire table!”
“Digital equity is not just morally right but also economically sound. Women's lack of access to digital tools and education not only limits their individual opportunities, but also hinders the growth and innovation of the digital economy. Let's prioritize digital inclusion and empower women to unleash their full potential.” By the IMF Managing Director Kristalina Georgiva.
I take pride in celebrating International Women’s Day. I am thankful to my MOM as a successful entrepreneur, business strategist and visionary leader. She is my leadership role model. I am grateful for her character, resilience, and kindness. She is a believer in Bold Action to drive Bold Solutions.
1) What is the list of the TOP 50 Global High Risks and Challenges in 2024?
2) What is the list of the TOP 30 most in-demand skills and leadership core competencies necessary for the critical positions of C-suite executives?
3) How does digital equity impact economic growth?
4) How to attract, hire and retain the right C-suite Executives and Business Leaders with the right skill sets, abilities, cleverness, and digital growth mindset necessary to turn ambitious ideas into insights and transform global challenges into great opportunities?
5) What is Policy? About the impact of AI on Policy Formulation and Implementation in the Digital Age of Change?
6) What is Fraud? About AI Forensic Audit? Can Artificial Intelligence (AI) help organizations eliminate fraud and corruption to save millions, billions, and trillions of dollars?
7) How to define the fundamental leadership skills in Social Psychology, Cultural Anthropology and Psychology, and Behavioral Economics?
I dedicate sufficient time to reading and learning. I will never STOP traveling across countries to sharpen my global leadership skills.
The economic system requires long-term balance between what people earn and what they spend.
The loss of this balance has led to a massive debt supercycle that threatens the global economy.
Breaking the cycle is one of the most pressing challenges of the 21st century, writes Atif Mian in F&D magazine. https://lnkd.in/eYT9sUcH
Macroeconomics | Economic Policy | Data Sciences
7moThanks for ringing the alarms, but it will be more helpful if IMF promotes some of the more egalitarian approaches necessary to reduce the inequality induced credit booms. Though the essay covers the multifaceted implications of credit supercycle it highlights only one crucial facet of the credit boom—the balance sheet channel of credit expansion. Ironically, while it points out the risks of sustained increase in credit to non-tradable sectors, which are typically less conducive to productivity growth, while advocating for the promotion of such sectors, like construction. Furthermore, while the risks associated with the credit supercycle are convincingly outlined, it is important to consider another noteworthy consequence: the potential deceleration in productivity growth. This slowdown in productivity growth aligns seamlessly with the observed trends in real interest rates and the overarching credit supercycle. Overall, the essay offers a highly informed perspective on the multifaceted implications of the credit supercycle, highlighting the complex interplay between credit expansion, sectoral dynamics, and inequality. The policy should focus on eliminating factors feeding into inequality.