Economic Development & Productivity
Events
December 2023 – January 2024 | Toronto, London, New York
The LRI recently held a series of three invitation-only roundtables in partnership with the Ian O. Ihnatowycz Institute for Leadership, Ivey Business School. The series focused on the challenges facing executives and policy makers vis-à-vis purpose, character and leadership in relation to ESG and the future of work, with the LRI contributing insights from the long-run experience.
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A roundtable discussion on the unravelling of globalization, xenophobic resentment stoked by domestic inequality and rising costs of living, and national policy makers campaigning to “take back control” of borders. Political and economic experts from Canada and Ireland examined how to make sense of these developments, and how policy makers, businesses, and citizens could respond.
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A day of discussion on the events and cycles underpinning risk with keynote guests General Stanley McChrystal, former Director of the Joint Chiefs of Staff, Professor Juliette Kayyem, Belfer Senior Lecturer in International Security at Harvard’s Kennedy School of Government, and leading international economist Dr. Nouriel Roubini of NYU’s Stern School of Business.
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Canada’s money lives in exile. We’re rich abroad, but starved at home
Dr. Laurence B. Mussio, writing in The Globe and Mail, observes that Canada excels at creating capital and talent but loses both abroad. Of the $2.3 trillion held by major pension funds, only 25 percent is invested domestically. He argues that weak growth opportunities, regulatory uncertainty, and limited scale are widening Canada’s productivity gap by driving investors and skilled workers to the U.S.—but there are ways to reverse this trend so capital and talent choose to stay and grow the economy at home.
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Changing the Narrative on Climate: the LRI/BMO CI Symposium
The climate/energy transition has deep implications for resource-based economies like Canada. Our speakers and invited audience were drawn from the senior ranks of the university, public policy and corporate worlds – and all engaged in various dimensions of the conversation. How are we to negotiate this massive transformation of energy regime, keeping in mind not only sustainability, but also material prosperity and social impact?
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Confronting The Productivity Challenge Synopsis
Since the Global Financial Crisis, productivity – a 250 year-old engine of economic growth – has flat-lined. How do we tackle such a serious and complex issue?
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