Binkert 8.0

Question 1

What are emerging markets?

Answer 1

An economy that experiences considerable economic growth

transitioning from the developing phase to the developed phase

Question 2

What is sustainable capitalism? and what are some topics?

Answer 2

• fair markets
• a greener world
• a smarter world

topics:
- products to become more robust and durable
- gasoline and diesel-powered vehicles replaced by eletric vehicles
- coal and gas-fired power plants replaced by solar, hydrogen and win power plants

Question 3

What does Dasgupta want?

Answer 3

four approaches to combating the problems:
1. curbing consumption, through incentive taxes
2. using nature more efficiently with genetic engineering
3. finding incentives to stop population growth in developing countries
4. investing in nature, first in poorer countries, where reforestation quickly makes a difference

-> new education policy

Question 4

What challenges do exist?

Answer 4

• the blue challenge (aquatic foods -> sustainable)
• The WorldClass Education Challenge
• Generation Restoration youth challenge

Question 5

Which 4 countries are big challengers? and what are their aspirations?

Answer 5

1. India: 200 years of occupation through foreign powers is enough - now it is pay-back time
2. China: will according to its Party, be the wealthiest nation on earth by 2049 and be the dominating world power
3. Brazil: strong friendship, effective diplomatic relations, partnerships serving bilateral aspirations to Qatar
4. Russia: Vladimir Putin’s Aspiration to Restore the Lost Russian Empire

-> Non of them support Ukraine, Europe, the West

Question 6

What is Neo Colonialism?

Answer 6

a term for the relationship between the states and corporations of the industrialized nations and countries of the global south following the dissolution of the colonial empires in the 20th century

Question 7

What is the outlook for Switzerland

Answer 7

• prosperity (Wohlstand) due to wage gap between developed countries and the emerging economies
• emerging economies have been able to produce chaeper with same or better quality
• these economies have caught up with the West
• now they have better educated workforce -> in return higher wages
• if uncertainty of the transport routes is growing -> risk of not being able to obtain these products

-> so we must produce them ourselves again, but we are expensive -> automation and robotization helps, furthermore low interest rates in CH to