Pulse: Eastern Europe
As the COVID-19 pandemic rages on around the world, authoritarian regimes such as China, or cultures where the individual's rights are seen as subservient to the public interest such as Japan and Korea, have seen relatively little unrest triggered by the public health crisis. However, in the West - broadly defined not just as the US and Western Europe but also encompassing Eastern Europe and even Russia - have seen relatively high levels of citizen protests and even violence.
The title of this session is leadership dialogue and the focus is “deepening China and EU economic and financial cooperation” in what this forum is calling the new global context. I’d like to use my time to look briefly at two dynamics that are affecting the evolution of this China/EU cooperation and then conclude with a comment about the importance of political leadership for quality outcomes as well as for a more peaceful world order.
International FinTech startups are looking to the United States as a vast consumer and business market for their applications and services. Despite the difficulties posed by a dual regulatory system, in which multiple federal regulators join agencies in all 50 states, the wealth and size of the market beckons.