IAS Gyan

Daily News Analysis

3rd Annual Bloomberg New Economy Forum

19th November, 2020 Economy

Context: Prime Minister Shri Narendra Modi delivered an address at the 3rd Annual Bloomberg New Economy Forum.

  • The Bloomberg New Economy Forum was established in 2018 by Mr. Michael Bloomberg.
  • It seeks to build a community of leaders to engage in real conversations leading to actionable solutions about the critical challenges facing a world economy in the throes of a historic transition.
  • The inaugural Forum was held in Singapore, and the second annual Forum was hosted in Beijing.
  • These covered a range of topics, including global economic management, trade and investment, technology, urbanization, capital markets, climate change, and inclusion.
  • As the world economy is grappling with the Covid-19 pandemic, the forum will witness discussions centered on refuelling the economy and charting a course for the future.