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Viaggio nel sistema bancario indiano
Il sistema bancario indiano sta assistendo negli ultimi anni a un rapido sviluppo e rappresenta, tra le economie emergenti, uno dei mercati con il più alto tasso di crescita in termini sia assoluti sia relativi[1]. Nel periodo 2007-2018 il volume dei prestiti bancari, sostenuto da una forte crescita economica sistemica, dall’aumento del reddito pro-capite e da un più facile accesso al mercato ...
Cultural Institutions as Enterprises
“What can the world of industry do for culture?”. This was the question posed in a round table discussion organized by the Turin Industrial Association, an occasion for interaction between local enterprises and the world of culture, in which I recently took part. A first answer seems to be the following: culture is important, it should be protected and supported; business is enlightened and dedicates ...
What is Asked of Wealth Management Today
The sector of asset/wealth management is in a phase of profound transformation. It is anticipated that revenues will not grow in the next three years, due in part to the pressure on management fees. In the U.S., the average cost of bond and equity funds fell from 0.76% and 0.99% in 2000, to 0.48% and 0.59% respectively (Investment Company Institute). The trend has recently become stronger: on August ...
What’s in the New Silk Road
Italy was the first G7 country to sign a Memorandum of Understanding with China. The framework is that of the so-called New Silk Road, the colossal investment plan launched in 2013 by the President of the People’s Republic of China Xi Jinping, with the idea of exploiting the trade routes of antiquity to move goods from one side of the Eurasian continent to the other, by sea and by land. In essence, ...
Celebrating Heroes: On Rewards in Corporations
As witnessed by the photos and "employee of the month" lists that many companies celebrate and post in their workplaces, or the prizes that are periodically awarded in certain company events, public awards have been transformed from instruments reserved for "out of the ordinary" situations, to mark "exceptional" behavior or results, to a permanent mechanism of the "ordinary" working world.[1] Perhaps ...
Illegal Capital Flows, Europe's Holes
The case of Danske Bank, the largest bank in Denmark, was the sixth time in just a few months that a bank belonging to a Member State of the European Union was implicated in the laundering of dirty money: Estonia, Germany, Holland, Latvia, Lithuania, and Malta, strictly in alphabetical order. And that’s not all: in January, the European Commission issued its first recommendation on the so-called ...
The Role of Brands, Media, and Sports in Breaking Stereotypes
Stereotypes still deeply permeate our society. Many unconscious biases shape attitudes, behaviors, and choices. One of the most prevalent biases links diversity with the idea of minority. Conversely, the definition of Diversity, Equity & Inclusion (DEI) is broad, resulting in a commitment to recognize and emphasize the variety of characteristics that make individuals unique in an atmosphere that embraces ...
Artificial Intelligence Ethics: a Brief Overview
Artificial intelligence (AI) is rapidly revolutionizing our world, with applications in every sphere of life, from medicine to finance, manufacturing to entertainment. It is estimated that, in the near future, a large part of our activities will be carried out by intelligent machines or will see a collaboration between humans and AI. However, this unprecedented technological progress brings with it ...
Capital Markets A Key Asset for Growth
The coming months will be crucial for thinking about how to shape the European Single Market and how to make the European Union competitive with other economies. The values at stake, compared to the size of the United States on the one hand and China on the other, would be enough to justify the reasons for accelerating the path of political integration. This would enable the economic systems of the ...
Beyond physical reality. Packaging and product in the age of VR
Interest in Virtual Reality (VR) technologies is growing in various sectors, attracting the attention of academia and society. In VR, users can interact in real-time with digital objects, in a completely virtual environment, living an immersive experience characterized by presence and interactivity. Individuals are isolated from the outside world, in a synthetic environment that may or may not simulate ...