Page 15 - CSA Celebrity Speakers | CSA Speaker Bulletin January 2016

P. 15

ECON0MICS

No Clear Path to
Success in 2016

Dr Dambisa Moyo is a global slowing economy and some emerging
economist, commentator on the markets could start to look cheap for
macroeconomy and bestselling investors; but that with deterioration
author. Having achieved a PhD in in growth currently across the world,
economics from Oxford University including developed and emerging
and a Master’s degree from economies, there is no clear path to
Harvard University, Dambisa has suggest that this year will suddenly
gone on to be a board member turn round and produce outstanding
of a number of corporate giants. results around the world.
Three of these companies have
successfully come through huge One might hope that, just for once,
business stories during 2015. her insights and expertise are not as
Barclays saw the ousting of their accurate as they have proved to be in
CEO Antony Jenkins, Barrick previous years. n
Gold witnessed the collapse in
commodity prices and SAB Miller “MUch of
endured a blockbuster £71bn Dambisa’s
takeover. effectiveness
is gained from
Much of Dambisa’s effectiveness seeing ‘the
is gained from seeing ‘the big big picture’
picture’ of global capitalism, of global
joining the dots between cause and capitalism.”
effect of one action on a totally
different part of society, for example
how a collapse in the price of iron
ore results in mine closures and
unemployment. The other side to this
is Dambisa’s eye for opportunities
that are created in the wake of such
upheavals.

For 2016 Dr Moyo thinks that China
may give a stimulus to boost its

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