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Doosan Global Business Forum

“Doosan Global Business Forum plays a role of the lighthouse for the enterprises in the difficult world economic conditions.”

Doosan Global Business Forum

Doosan Global Business Forum

With 120 years of history and its experience of rapid growth, Doosan recognizes how important it is to fully understand the business environment and forecast the future based on that understanding.
In particular, enterprises are experiencing difficulty in growth and development due to concern about a low-growth economy in effect since the world’s financial crisis, and geopolitical risks. Especially, infrastructure business enterprises have been enormously affected by the macroeconomic changes, so that they are required taking more agile response to the world’s business environment changes.
In this context, Doosan held the first “Doosan Global Business Forum” in July 2012, in order to provide an opportunity to make a breakthrough in business management by analyzing the global business environment and forecasting the core trend of infrastructure industries, while sharing perspectives and ideas with world's greatest scholars, opinion leaders, and business partners.

“Doosan Global Business Forum,” which was held at the very place where “The Open Championship” was held, is designed to provide our distinguished guests with experiences that exceed a plain golf even. That is, Doosan’s customers from all over the world share their understanding and prospect about the world economy and current issues of the infrastructure industry, while enhancing our business partnership.
“Doosan Global Business Forum” aims to provide a place or in-depth discussion that builds a foundation of long-term success and prepare for development in the future, in tandem with our business partners.

Doosan Global Business Forum 2016

  • - Date : Friday, July 15, 2016
  • - Place : Scotland
  • - Theme :
  • Ⅰ. Global Business Environment: Coping with a Sluggish Economy
  • Ⅱ. Shaping the Future of Asia:
    - Role of Multilateral Development Banks for Asia’s Infrastructure
    - India’s New Initiative to Advance Its Infrastructure
  • Ⅲ. New Climate Change Regime: Accelerating the Transformation of Infrastructure Towards a Low Carbon Future

Doosan held the Doosan Global Business Forum 2016 in Scotland, on July 15. Among the attendees were William Hague, a former British foreign secretary; Joseph Stiglitz, a professor of economics at Columbia University; and Changyong Rhee, director of the Asia and Pacific Department of the International Monetary Fund (IMF).

Prominent speakers—including Juan Miranda, the managing director general of the Asian Development Bank (ADB); Felipe Calderon, chair of the Global Commission on the Economy and Climate and former president of Mexico; Danny Alexander, vice president of the Asian Infrastructure Investment Bank (AIIB); and Amitabh Kant, CEO of NiTi Aayog and former Secretary of the Department of Industrial Policy and Promotion in India—shared their views on infrastructure development prospects in Asia and the impact of climate change on the world economy and infrastructure industry.

In his special remarks, former British Foreign Secretary William Hague shed light on geopolitical risks that particularly require global attention and their impact on the world economy.

In the first session on the global business environment, Joseph Stiglitz, a Nobel Prize-winning economist and professor, and Changyong Rhee, IMF director, presented their views on the global economy being locked in a “low-growth trap” and talked about the short- and long-term economic trends in North America, Europe and Asia.

In the following session on the Asian economy, AIIB Vice President Danny Alexander and ADB Managing Director General Juan Miranda spoke about the challenges and opportunities of the infrastructure business in Asia. NiTi Aayog CEO Amitabh Kant also touched upon India’s vision and plans for building “smart cities.”

The last session dealt with the implications of the Paris Agreement on industries in the post-2020 era. Felipe Calderon, chair of the Global Commission on the Economy and Climate, and Arun Majumdar, a former undersecretary of the U.S. Department of Energy, shared their prospects for the future low-carbon energy economy and the implications of the post-2020 framework on the infrastructure business.

Founded in 2012, the Doosan Global Business Forum has become an annual event in which global leaders, prominent economists and CEOs of multinational enterprises gather to gain valuable insights into the world economy. Previous participants include politicians such as Tony Blair, former prime minister of the United Kingdom; Lawrence H. Summers, former U.S. Secretary of the Treasury; Condoleezza Rice, former U.S. Secretary of State; and Angel Gurria, Secretary-General of the Organization for Economic Cooperation and Development (OECD), as well as influential economists, including Paul Krugman, a professor at Princeton University; Robert Shiller, a professor at Yale University; and Kenneth Rogoff, a professor at Harvard University. The noted presenters also included JB Straubel, co-founder and CTO of Tesla Motors, a leading electric vehicle manufacturer.

The Doosan Global Business Forum was held on the sidelines of The Open Championship, which is being staged at Royal Troon Golf Club in Ayrshire, Scotland, from July 14-17.

 Doosan Global Business Forum 2015

Doosan Global Business Forum 2016