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For the insurance industry this poses a number of challenges at a time when much of the focus and resources are tied up in compliance with the regulatory requirements of Solvency II and ORSA, the search for alternative allocations of capital due to low interest rates and high complexity and technical debt in core systems.
We hope to provide investors with the tools to use evidence to inform allocations of capital.
The "participatory budgeting" now underway in many cities, in which citizens vote to determine the use of allocations of capital funding in their neighborhood, is still in its infancy, but is nevertheless an important harbinger of things to come.
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All too often in this kind of crony capitalism it is governments, rather than markets, dictating the allocation of capital.
The second is to encourage the efficient allocation of capital.
The words "efficient allocation of capital" still ring out from my economics lectures.
Shell was viewed as a model of quiet efficiency, controlled spending and disciplined allocation of capital.
"Bill Clinton, Bob Rubin, Larry Summers … we all thought the efficient allocation of capital was a good thing," he says.
Any re-allocation of capital into core route-based divisions could accelerate value creation.
This in turn influences the allocation of capital, physical and human, which determines growth rates.
The central bank may end up taking over much of the allocation of capital.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com