Act III. Towards a new balance: The shape of the new economic order
Scarcer and Scarcer: Competition for Commodities
Who are the winners and losers in a commodity-scarce world?
Is resource scarcity the new normal?
How can the world adapt?
John Burbank, Founder, Passport Capital
Tom Kaplan, Chairman, Electrum Group of Companies
Peter Munk, Founder and Chairman of the Board, Barrick Gold Corporation
Moderator: Matthew Bishop, US Business Editor and NY Bureau Chief, The Economist
Matthew Bishop is the U.S. business editor and New York bureau chief of The Economist. His new book, The Road from Ruin: How to Renew Capitalism and Put America Back on Top, with Michael Green, was published by Crown in February 2010. Philanthrocapitalism, his previous book (also with Mr. Green) was on the global revolution under way in philanthropy. Mr. Bishop is also the author of Essential Economics, The Economist's official layperson's guide to economics.
Appointed to this role in November 2010, John’s is responsible for leading the company’s innovation and new business opportunities across online and e-commerce. For two years prior to this role, John was CEO of Nielsen’s Online division where he led the company’s global internet measurement business. During his tenure as CEO, John established strategic relationships with industry leaders such as Facebook, and continued Nielsen’s growth in key international markets. Prior to his Online role, John served as Chief Marketing Officer for Nielsen. Before Nielsen, John was Chief Marketing Officer for AOL, and before that, he served as Vice President Marketing at AT&T / Cingular where he lead the company’s consumer growth segments and new media programs. For 10 years, John was employed by the Procter & Gamble Company where he pioneered online marketing and e-commerce activities on the Pampers brand. Earlier in his career, John worked for the Chicago Tribune Company. He received a BA and MBA from the University of Chicago.
Kaplan began his career as an advisor to hedge funds. In 1993, he founded Apex Silver Mines to capitalize on the improving supply/demand fundamentals of metals. While he was Chief Executive Officer and Chairman of Apex, Kaplan's team discovered and financed the San Cristobal deposit in Bolivia, now one of the largest producers of silver and zinc in the world. Kaplan retired from Apex Silver at the end of 2004 to focus on his new exploration projects.