December 27-28, 2018
92 rue Saint Lazare, 75009 Paris
International Journal of Financial Studies: Special Issue "Macrothematic investing and global macro strategies: theory and evidence"
Global Mega Trends
Climate change and resource scarcity
An expanding global population is increasing the demand for energy, food and water, putting pressure on finite global resources. Demand for fossil fuels, in particular, leads to higher carbon emissions and a more volatile world climate. The United Nations World Water Development Report 2014 estimates that global energy demand will increase by one-third over the period to 2035, with the majority of that demand coming from China, India and the Middle East.
Demographics and social change
The increasing age and size of the world’s population is fundamentally changing the needs of its inhabitants. In the 2015 revision to its World Population Prospects report, The UN Population Division expects there will be an additional 1.2 billion people on the planet by 2030. However, the distribution of those one billion people will not be equal across age groups or regions – 30% of the increase is predicted to consist of those aged 65 or over; by 2050, 50% of population growth overall is likely to come from Africa.
In a 2012 report, the UN Population Division predicted that by 2030 almost two-thirds of the world’s population will reside in cities. As strong population growth puts increasing pressure on the infrastructure and social welfare of cities, its forecast that New York, Beijing, Shanghai and London alone will need $8 trillion in infrastructure investments over the next 10 years.
4th Industrial Revolution 4IR
We are in the midst of a technological revolution that is having a profound impact on the global economy, the extent of which is yet to be truly understood. Robotics, AI, The Internet of Things, Big Data, 3D printing, Autonomous vehicles, Quantum computing...
Changing economic power
The growing economic strength of emerging economies, such as China and India, is changing the balance of power in the global economy. In the February 2015 report, The World in 2050, PwC predicts that, by 2050, seven out of ten of the world’s biggest economies will be emerging economies.
Macro-thematic investing strategy based on the global mega-trends. For example, how to invest in the electric vehicle theme - automakers, battery-makers, or lithium miners? Discussion of all other opportunities. Performance of macro-thematic funds.
What are the longer-term effects of these global mega-trends on a global-macro environment? Deflationary vs inflationary scenarios. Synchronized vs unsynchronized global growth. Can the US Dollar maintain the global reserve currency status?
Monetary policy challenges, fiscal policy challenges, and the foreign policy challenges. How to coordinate monetary and fiscal policy. Synchronized global policy response vs. unsynchronized? What is the future of globalization?
Adaptive business strategy
How can businesses adapt their strategic planning to take advantage of these global mega trends? What are the effects on manufacturing and global supply chain management, marketing, and human resources.
Mega-trend specific topics in M-T-S
What are the effects of these global mega tends on the specific topics related to: health and medicine, technology and innovation, and applied sciences. How to deal with the automation in these areas? Advantages vs disadvantages.
Discussion on comparative economic systems with the focus on a broader sustainability: GDP growth imperative, sustainable development, steady-state economy, or degrowth?
Abstract submission date: November 6th, 2018
Early Bird Registration deadline: November 1, 2018
Regular Registration deadline: November 21, 2018
Late Registration: December 10, 2018
Early BIRD Registration: €300.00
Regular Registration Fee: €350.00
Late Registration Fee: €375.00
Student Registration Fee: €300.00
Participating Co-author Registration Fee: €150.00
E-session Registration Fee: €150.00
Wang Xiaohong, Northeastern Illinois University, USA
Venera Bekteshi, University of Illinois at Urbana Champaign, Illinois, USA
Jacek Strojny Rzeszow University of Technology, Poland
László Tamándl, Széchenyi István University, Hungary
Dong Zhao, Beijing Foreign Studies University, China
Subir Sengupta, Marist College, Poughkeepsie, USA
Jennifer Foo, Stetson University, USA
Farhang Mossavar-Rahmani, National University, USA,
Sang-Heui Lee, Pittsburg State University, USA
Natalie Berger, ZN Partners LLC, USA,
Hafiz Imtiaz AHMAD, New York Institute of Technology, Abu Dhabi, UAE
Sasipa Pojanavatee, Silpakorn University, Thailand,
Ashsih Garg, Research Afiliates, USA,
Nissaf BEN AYED, University of Nice Sophia Antipolis, France
Haitham Ahmed, Yanbu Industrial College, Kingdom of Saudi Arabia
VM Ponniah, SRM University, India
Fatimata Abdoul Ly, Prince Sultan University, Kingdom of Saudi Arabia
Selected full papers will be published in the Special Issue of International Journal of Financial Studies.
All abstracts will be published in the Conference Program (abstract book with ISBN)
Full papers and short reports submitted will be published in the Conference Proceedings (book with ISBN)
Note: there are additional fees for the Special Issue of IJFS paid directly to the publisher.
The conference is organized by Macroconferece, which is sponsored by the Macrotheme Capital Management, LLC, proprietary trading firm, registered as a CTA with NFA and CFTC.
Conference related questions to Jessica: firstname.lastname@example.org
Preferred method of communication is email, in case of urgency call: +33(0)601671877
The full conference program will be published after the registration deadline.
Damir Tokic, International University of Monaco, download CV
Conference Organizing Committee:
Damir Tokic, International University of Monaco
Mario Situm, University of Applied Sciences, Austria
Ohaness Pascalian, University of Houston – Downtown, USA
Eun Jin Hwang, Indiana University of Pennsylvania, USA
Agnes Csiszárik-Kocsir Óbuda University, Hungary
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