The Great Reset

Question 1

What are emerging markets?

Answer 1

• economies experiencing significant economic growth
• transitioning from developing to developed countries

Question 2

What is the goal of replacing GDP with Happiness Index?

Answer 2

• shift from “growing economy” to “prospering economy”
• focus on people’s well-being over the value of goods and services produced

Question 3

What is sustainable capitalism?

Answer 3

externally: avoid irreversible environmental damage and manage resources sustainably

internally: eradicate hunger, poverty, ensure access to healthcare and education

e.g. replace gasoline with vehicles with electric vehicles

Question 4

What are key regulatory goals in the Donut Theory?

Answer 4

• high minimum wages
• financing small businesses through local state banks
• redistribution of land and home ownership via cooperatives

Question 5

What are the key strategies proposed by Dasgupta for biodiversity economics?

Answer 5

• curb consumption using incentive taxes
• use nature more efficiently, including genetic engineering
• invest in reforestation, especially in poorer countries
• re-establish the importance of nature in education systems

Question 6

What are some of the major global challenges?

Answer 6

• innovation in blue food production and processing
• equipping youth with education and ecological skills
• mobilizing action on climate change and clean energy transition
• restoring ecosystems and achieving health equity

Question 7

What challenges do emerging economies pose to sustainability?

Answer 7

• rapid industrialization and urbanization
• growing middle class demanding more resources and energy

Question 8

What challenges does Switzerland face in the Great Reset?

Answer 8

• dependence on low-cost goods from emerging economies
• rising costs of imported goods reducing prosperity
• need for increased productivity through automation and robotization