Bart Edes
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Articles by Bart Edes
How 'megatrends' will shape the future of global development jobs
As the sector's response to climate change, artificial intelligence, and other disruptive global trends evolves, so will the roles needed by development organizations. The landscape of international development is being transformed by powerful trends and drivers of change. A look at major forces at play can help us discern plausible areas of job growth over the next decade or so.
A hopeful New Year’s letter to friends and family sent in December 2043
As we bid farewell to the remarkable year of 2043 and eagerly await the start of a new year, I hereby extend my heartfelt New Year’s greetings to each and every one of you. The past years have been a whirlwind of innovation, progress, and profound changes, and as we stand on the brink of a new era, I find myself filled with excitement about the extraordinary possibilities that lie ahead.
Geopolitics is now an entrenched risk to markets and the global economy
A series of interconnected crises has ushered in a period of significant uncertainty, volatility, and fragility affecting the global economy and markets. The ongoing war in the Middle East, Russia’s invasion of Ukraine, and escalating tensions between the United States and China, have expedited the process of geopolitical fragmentation.
How generative AI will impact development workers in 2024
Bart Édes, a professor at McGill University’s Institute for the Study of International Development, offers an expert’s view on the influence of AI on development work and how professionals can benefit from early adoption. Large language model chatbots driven by artificial intelligence, or AI, such as ChatGPT, Bard, and Bing, are gaining wider use in international development.
What Futurists can Contribute to the Battle Against Climate Change
I write this time from Dubai, where I will be attending the world's largest annual gathering of futurists. The event is taking place as tens of thousands of delegates descend on the Arabian Peninsula for the next UN Climate Change Conference - COP 28. Futurists are people who study and imagine the future, predicting and exploring different possible future that could emerge from the present.
A Grand Plan to Modernize the Silk Road
APF Canada Distinguished Fellow Bart Édes attended the Astana International Forum in June. This article summarizes his views on issues discussed at the forum. Along the ancient Silk Road, a modern, multimodal transportation corridor is being developed to transport cargo, oil, and electricity between Asia’s eastern edge and the heart of Europe.
Opinion: Canada must remain engaged with China’s Asian Infrastructure Investment Bank
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New funding mechanism could generate US$ 15 billion for climate action in Asia
The global effort to address climate change will be won or lost in Asia, which is home to three-fifths of the world’s population and some of the fastest-growing economies. It also is an increasingly large consumer of energy—much of it provided by fossil fuels. The region is now responsible for about 45 percent of global greenhouse emissions. At the same time, Asia is highly vulnerable to the negative impacts of climate change.
What Risks Confront Asian Economies in 2023?
Over the past 12 months, Asia has been buffeted by overlapping international crises, including the COVID-19 pandemic and the Russia-Ukraine conflict. But there is a good case for cautious optimism about Asia’s prospects for 2023. China has taken measures to stabilize the real estate market and reversed course on a zero-COVID strategy that imposed great economic costs. In Japan, substantial household savings will support consumption.
What Risks Confront Asian Economies in 2023?
Beginning May 1st, BRINK Asia coverage will become integrated with BRINK, which will now include more regional coverage on risk and resilience issues. Spotlight New Workplace Global Risks Report Pension Savings Economy Distinguished Fellow at Asia Pacific Foundation of Canada Over the past 12 months, Asia has been buffeted by overlapping international crises, including the COVID-19 pandemic and the Russia-Ukraine conflict.
International financial institutions are key to meeting the infrastructure financing gap
At the June 2022 G7 summit, leaders from the world’s richest countries announced the launch of the Partnership for Global Infrastructure and Investment (PGII) to mobilize up $600 billion in public and private investments by 2027. The goal was to meet the infrastructure needs of low- and middle-income countries, and the Biden administration declared it would offer one-third of the mobilized amount through grants, federal financing, and private sector investments.
What Most Worries You About 2023?
Yesterday, we asked a cross-section of our experts to name — in a couple of sentences — what had been the most significant development in their areas of expertise over the last year. Today, in the second half of our survey, we asked them to name what risk most worries them in 2023. Here’s what they had to say. An expansion of the Ukraine war either beyond its borders or with nuclear weapons.
World's biggest regional trade pact enters into effect
By Bart Édes RCEP reinforces Asia's regional integration Photo by CHUTTERSNAP on Unsplash The center of the global economy continues to shift toward Asia as the Regional Comprehensive Economic Partnership (RCEP) is born. The accord becomes effective for two-thirds of its 15 members on 1 January 2022. More than ten years in the making, RCEP is the largest multilateral trade accord negotiated to date, whether measured...
Afghan women under Taliban rule
Since the fall of Kabul, women and girls are increasingly living under deplorable conditions in Afghanistan The Taliban’s capture of Kabul in late August 2021, and subsequent consolidation of rule over Afghanistan, raised serious concern that the gains secured by women and girls over the last 20 years would be lost. Since regaining control of Afghanistan, Taliban representatives have promised to respect women’s rights to work and education, albeit within an ill-defined Islamic framework.
7 Risks to Asia’s Economic Resilience in 2022
People walk by construction workers as they work on a traditional style building in a shopping district in Beijing, China. The Evergrande crisis and volatility at other Chinese real estate companies have stoked concerns about how the government is managing the unsettled property sector, which accounts for the bulk of household wealth.
Port cities are key to reducing maritime carbon emissions
Port cities offer a vital — and overlooked — way to help decarbonize the global economy. The maritime sector has been seen as a laggard in decarbonizing, but port cities are perfectly positioned to help catalyze a reduction in shipping emissions. Over half of all maritime emissions come from ships while berthed in ports.
Port Cities Are Key to Reducing Maritime Carbon Emissions
Environment April 27, 2021 Paul Isbell Non-Resident Senior Fellow of Transatlantic Leadership Network Bart Édes Distinguished Fellow at Asia Pacific Foundation of Canada A busy cargo port in Bukit Merah, Singapore. Seven of the world’s 10 busiest container ports are located in China — and shipping emissions have become a target for the reduction of pollution and for contributing strategically to climate change mitigation.
Higher education
Blogs BART ÉDES By BART ÉDES Published: 12:50 pm Apr 16, 2021 BLOG SURF Universities that adopt quality online learning, forge significant partnerships, and demonstrate results in preparing students of all ages for work in a technology-driven economy, stand the best chance of thriving after the pandemic.
Pulling the Plug on Canada’s Membership in the AIIB is a Really Bad Idea
Photo by Jason Hafso on Unsplash Some in Ottawa are calling for the federal government to unilaterally withhold Canada’s contributions to the Asian Infrastructure Investment Bank (AIIB) as a way of punishing the Chinese Communist Party (CCP) for a variety of actions it has taken domestically and internationally. The proposal is based on a misperception of the bank’s ownership, mission and activities.
How Asia Can Unleash Private Investment for Its Infrastructure
Economy March 2, 2021 Bart Édes Distinguished Fellow at Asia Pacific Foundation of Canada Laborers work at a construction site on reclaimed land as part of the Chinese-funded project for Port City in Colombo in February 2020. It is increasingly important to leverage technology for better infrastructure project delivery. Photo: Ishara S. Kodikara/AFP via Getty Images Asian governments are scrambling to reboot their battered economies, following the COVID-19 pandemic.
A Bullish Outlook for Asia in 2021
Economy January 5, 2021 Bart Édes Former North America Representative of The Asian Development Bank Customers buy coffee in a trendy coffee shop inside an upscale shopping mall in Bangkok. Business leaders in the biggest Asian economies exude confidence about the near-future Photo: Mladen Antonov/AFP via Getty Images Share this article Twitter Facebook LinkedIn Email Print Article There are sound reasons to be upbeat about Asia’s prospects for the coming year.
Biden needs to go 'all in' on ASEAN Original
As Joe BidenJoe BidenHogan on Republicans who won't accept election result: 'They are out of runway' Biden rips Trump's refusal to concede after Electoral College vote Senate GOP warns Biden against picking Sally Yates as attorney general MORE prepares to assume the presidency, foreign policy will be high on his agenda, including U.S. relations with Asia. In this context, boosting economic relations with the Association of Southeast Asian Nations (ASEAN) must be a priority.
Here's how we can give a boost to the SDGs in Asia and the Pacific
Asia and the Pacific is not where it needs to be to meet the Sustainable Development Goals but there remains a decade to make up for lost time. We are now into the final decade of the Sustainable Development Goals (SDGs). The ambitious global development agenda has spurred new policies, investments, and collaboration to tackle significant social and environmental challenges confronting the world. Yet based on progress to date, Asia and the Pacific will not achieve any of the 17 goals by 2030.
Here’s how we can give a boost to the SDGs in Asia and the Pacific
Here’s how we can give a boost to the SDGs in Asia and the Pacific By Bart Édes, Representative of the Asian Development Bank’s North American Resident Office We are now into the final decade of the Sustainable Development Goals (SDGs). The ambitious global development agenda has spurred new policies, investments, and collaboration to tackle significant social and environmental challenges confronting the world.
Why investing in women and girls will take off in 2019
ADB has invested in a private equity fund that prioritises women-led SMEs in Southeast Asia By Bart Édes, Representative, North America Representative Office, Asian Development Bank I recently attended a meeting of investors, asset managers, foundations, family offices, and social entrepreneurs organised in New York by the Financial Times to explore “gender lens investing,” that is, investing in women and girls to boost overall development impact alongside a financial return.
Why investing in women and girls will take off in 2019
I recently attended a meeting of investors, asset managers, foundations, family offices, and social entrepreneurs organised in New York by the Financial Times to explore “gender lens investing,” that is, investing in women and girls to boost overall development impact alongside a financial return. The discussions focused on this new niche as the next big thing in impact investing. There is a growing body of evidence suggesting that empowering women is critical to boosting global prosperity.
Asia-Pacific needs to boost social protection investment to achieve SDGs
The Sustainable Development Goals approved by world leaders last September set an ambitious agenda to reduce poverty, vulnerability and marginalization by 2030. While each government will shape its own approach to meet the SDGs, a common feature in most national programs will be the use of social protection.
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