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MEDIA NOTE: Globalisation must provide for the poorest – statement and ODI experts at World Economic Forum

Written by Sara Pantuliano, Barnaby Willitts-King

Political leaders, chief executives and NGOs are gathering in Davos this week for the 2019 World Economic Forum.

The theme of this year’s event is ‘Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution’.

Sara Pantuliano, Acting Executive Director of the Overseas Development Institute, will be attending the event to discuss how the new economic and social context must address the deep inequalities that have been allowed to develop.

She said: ‘As technological advancements and the rise of automation drive this new phase of globalisation, it is critical that businesses and governments alike work together to make sure it delivers the broad economic transformation and job creation needed to benefit all.

‘The dangers of not addressing the unacceptable inequalities currently fuelling social divisions and the resentment of established politics across richer countries is clear to see. At the same time, for those in lower-income countries, the opportunities offered by globalisation are currently in danger of being outweighed by the risks.

‘It is vital that governments, businesses and all concerned pursue a progressive Globalisation 4.0 that reduces inequalities or risk a political backlash that may in the long term erode the benefits that globalisation has brought.’

Further comments from Sara Pantuliano can be found in this op-ed published by WEF ahead of this year’s meeting.

ODI experts available for interview at the World Economic Forum are:

  • Sara Pantuliano, Acting Executive Director of ODI, is available for interview on Globalisation 4.0 and why it is vital that governments and businesses work together to make sure it delivers for all
  • Barnaby Willitts-King, Senior Research Fellow in the Humanitarian Policy Group at ODI, is available to discuss the potential for new and innovative financing partnerships to fund the humanitarian system

For more information or to arrange an interview with an expert please contact James Rush on [email protected] or +44 (0)7808 791265