The next billion might re-energize the world economy-or just give it a bad shake-up
What will happen to businesses when there are a billion new customers in the marketplace? Online commerce at this scale will open new channels of economic growth for individuals as well as multinational corporations. What does the coming wave of connectivity tell us about class mobility and the global marketplace? Will emerging markets -specifically India, China, and parts of Latin America-see a rise in the middle class? And, what strategies are necessary to seize this opportunity wisely?
Venkatesh Bala, The Cambridge Group
Soraya Darabi, Zady
Heidi N. Moore, Guardian (Moderator)
Dr. Venkatesh Bala is Chief Economist and Head of The Cambridge Group’s Economic Center of Excellence. He specializes in understanding the evolution of markets as well as underlying strategic drivers such as demographics, macroeconomics, technology, regulation, differentiation, pricing and channel shifts, which are predictive of emerging demand and future business health and often form the basis for strategic realignment.
Prior to joining The Cambridge Group, he was a tenured Associate Professor at McGill University, Montreal and has also held visiting faculty positions and taught at Columbia and Yale. He has published extensively in leading peer-reviewed journals, and his research on the formation of social networks in Econometrica (the #1 academic journal in economics) was one of the earliest analytic contributions to the field and is also one of the most widely cited papers in game theory within recent years.
Back in high school in Minneapolis, Minn, after watching "Norma Rae" for the first time, Soraya stood on a stage in front of her classmates and asked them to tear out the labels in their mall-purchased sweaters to show solidarity for the workers who made them.
She still likes the movie a lot. Soraya co-created Zady to help her friends look stylish while feeling good about the clothes they are wearing.
Heidi N. Moore is the New York bureau chief and Wall Street correspondent for American Public Media’s “Marketplace,” where she reports and writes about the culture of banks, companies, financing, and markets. Prior to joining “Marketplace” in 2011, Moore was a reporter for The Wall Street Journal, where she was the lead writer for the paper’s award-winning Deal Journal online and daily newspaper column during the height (and depths) of the world financial crisis. Before that, she was US bureau chief for the London-based, Dow Jones-owned weekly international financial newspaper and daily website, Financial News. For six years, she was a senior writer covering Wall Street banks and power brokers for The Deal magazine. Moore’s articles on Wall Street banks and finance have been published in The New York Times, The Washington Post, New York Magazine, Financial Times, and Slate.