CSCLeaders creates smarter, more inspired, enlightened and
globally connected leaders.
CSCLeaders assembles exceptional leaders from across the
Commonwealth to tackle Challenges, develop the Cultural
Intelligence and build the global relationships needed by the
leaders of tomorrow.
This is a space for sharing news and insights from
CSCLeaders.
Archive for tag:
Economy
It's all in the numbers: the Commonwealth is made up of 54
countries, 2.2 billion people or 1/3 of the world's population. The
Commonwealth GDP is accelerating, with a predicted growth of 7.3%
each year between 2012 and 2017. That's four times more than the
Eurozone is expected to increase. It's in the words too: during the
recent Queen's Diamond Jubilee celebrations, the diversity, unity
and connectivity of the Commonwealth resonated in speeches across
the world.
The fact that the Commonwealth GDP is expected to increase
significantly more than Europe is not surprising: Countries such as
Australia and Canada have remained relatively stable during the
economic crisis, which has affected much of Europe and the US. The
Commonwealth is also home to some of the fastest growing economies
in the world, such as India and many African countries.
Speaking about Europe's economic recovery recently, Cecilia
Malmström, EU commissioner for Home Affairs, said: "Migration and
mobility are crucial for growth." This may not wholly explain why
the Commonwealth thrives as a network, but consider that over 45
million people within the Commonwealth live in a country other than
the one they were born in - and that figure is expected to
rise. Migration and mobility will continue to increase in the
Commonwealth as reasons for migration - economic, environmental and
conflict displacement - encourage individuals and families from
their homelands and pull them towards opportunities across borders.
Of course, migration is nothing new in the Commonwealth. What has
evolved, however, is the enhanced social, economic, technological
and political impact of diaspora on their birth countries. Over the
next six months, in the build up to CSCLeaders, we will explore some
of the diaspora members and groups who are harnessing these
networks to make a difference in the world. We will ask: Who are
the bridge-makers in the Commonwealth and what can we learn from
them? Why do we need bridge-makers? And, most importantly, how can
more people become bridge-makers?
The Commonwealth's time may be now. And it can only grow in
relevance. But it's how the leaders of the Commonwealth respond to
world challenges, which will reveal the real power of this network.
To achieve this, the leaders of businesses, governments and NGOs
today and tomorrow need to be equipped with practical leadership
skills. They must be culturally flexible, with the ability to
sustain their broad horizons, to build relationships across the
world and know how to harness those relationships. As Sir Shridath
Ramphal said when he was Secretary General of the Commonwealth,
"the Commonwealth cannot negotiate for the world, but it can help
the world to negotiate."