Sustained progress requires global policy and economic integration and boosting entrepreneurship
We believe that sustained global growth will be driven by structural reforms and evolving governments worldwide to more agile teams focused on implementing the right fiscal and monetary policies and setting the right regulation to sustain growth and employment. This major change will be successful only through closer collaboration between the leaders of all countries, which is necessary to catalyse a greater economic integration and cooperation both at the regional level (e.g. European Union) cross region via multi-lateral trade agreements and globally international level via the G20, B20, WTO.
Through laying a fertile ground of efficient policies and coordinated trade and regulatory systems, the solution for a thriving global economy and social progress will come from enabling a bottom-up innovation and entrepreneurship driven by technological innovation and providing value for unmet needs of local and global markets.
As summarised by Christine Lagarde in her 2014 Richard Dimbleby Lecture “A New Multilateralism for the 21st Century”, “one of the major
megatrends of our time is the shift in global power from west to east, and from north to south—from a few to a handful, to a myriad. This reality means that emerging countries offer huge opportunities for business, but they come with a higher risk due to a less favourable regulations, for e.g. property rights, and the challenge of adapting to the local culture and economic and cultural structures. However, we see an acceleration of the progress made by emerging countries to close the skills, infrastructure and governance gap.
The Vicendi Consulting team if fully committed and very active in helping deliver growth opportunities and collaborations across borders while contributing to the transfer of management expertise and technology to developing countries, particularly in North Africa, Middle East, and Sub-saharian Africa.