In 1973 World Economic Forum founder Klaus Schwab launched the first Davos Manifesto, a set of ethical principles. 50 years after its founding, the Forum has launched a new manifesto. The global economy has undergone a huge transformation in this time, with the rise of big tech, China, wage inequality and ethi cal companies.

Thriller Premium is at it again covering Davos again this year, covering global insights into the impact Crypto & Bitcoin has on wider issues such as responding to Covid-19, restoring economic growth and advancing this new social contract.

Highlights

Resetting Digital Currencies (Option 1)

COVID-19 has accelerated the long-term shift from cash, with an 8% increase in non-cash payments in the euro area in 2020. Meanwhile, central bank digital currencies are emerging, potentially transforming how people use money worldwide.What policies, practices and partnerships are needed to leverage the opportunities posed by the rise of digital currencies?This session is associated with the following projects and initiatives of the World Economic Forum: Digital Currency Governance Consortium, and Reimagining Regulation: Pathways to Digital Currency.

Andrew Bailey

Currently Executive Director Banking and Chief Cashier at the Bank of England. Appointed to current role in January 2004 and has several key responsibilities to fulfil. Member of the Governor's Executive Team, which is the bank's senior management group. Formerly, Research Officer at the London School of Economics, before joining the Bank of England in 1985. BA and PhD, Queens' College, Cambridge.

Glenn H. Hutchins

Chairman, North Island and North Island Ventures; Co-Founder, Silver Lake. Director, AT&T, Virtu Financial and Digital Currency Group; Co-Chair, Brookings Institution and CARE; Member, Executive Committee, Boston Celtics Basketball Team and the Obama Foundation; Member of the Board, New York Presbyterian Hospital and the Center for American Progress. Member, Investment Board, Singapore’s Government Investment Corporation. Formerly: Director and Chair, Audit and Risk Committee, Federal Reserve Bank of New York; served President Clinton during the transition and in the White House as a Special Adviser on Economic and Healthcare Policy. Former: Chairman of the Board, SunGard Data Systems and Instinet; Director, Nasdaq; Director, Harvard Management Company; Co-Chairman, Harvard University’s capital campaign. Co-founded, with wife, the Hutchins Family Foundation which supports the construction of the Obama Presidential Center and has created the Hutchins Center for African & African American Research at Harvard University; the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution; and the Chronic Fatigue Initiative. Published essays on economic and public policy in the Wall Street Journal, New York Times, Washington Post, Financial Times, Fortune and Foreign Affairs. Fellow, American Academy of Arts and Sciences. BA, Harvard College; MBA, Harvard Business School; JD, Harvard Law School.

Strengthening the Financial and Monetary System (Option 1)

Governments responded swiftly to the COVID-19 pandemic by providing fiscal and monetary support as well as adapting regulatory requirements to this new context. This Leadership Panel assesses the current health of the financial system, identifies potential emerging financial risks resulting from these historic interventions, and reflects on how industries and governments can work together to make key financial institutions more resilient in 2021.

Yi Gang

Governor, The People's Bank of China

PhD in Economics. 1978-80, studies, Department of Economics, Peking University. 1980-86, studied Business Administration, Hamline University; then pursued Doctorate in Economics, University of Illinois. 1986-94, Assistant Professor, Associate Professor, then Professor, Department of Economics, Indiana Univer…