CEOs can cultivate curiosity about and increase knowledge of emerging markets by including leaders with deep experience in the developing world on boards of directors and top management teams.
Their contribution, and that of others such as Britain, will be contingent on reforms to the fund's governance, which reduce Europe's clout and increase that of emerging economies.
There is evidence in an increasing number of emerging economies that as GDP increases so does health spending but, without proper insurance mechanisms in place and weak public financing systems, the likelihood that people will face financial catastrophe remains high.
Yet given the increasing number of emerging and 'frontier' markets whose growth is driven in large part by wealth derived from natural resources, 2013 saw a growing sense of urgency for transparency to be applied to revenues from oil, gas and mineral resources that may far outstrip aid.
That decline in investment implies slower productivity growth, while ageing populations in developed countries – and in an increasing number of emerging markets (for example, China, Russia, and South Korea) – reduce the labour input in production.
Establishing a framework for international cooperation and increased surveillance of emerging health threats is no doubt laudable.
This can only be achieved through increased use of emerging technologies and automated systems.
The biggest driver of luxury buying is the increasing affluence of emerging Asian economies, which has catapulted millions of people into the ranks of the wealthy.
While the selection of Dr. Kim by the bank's 25-member executive board was no surprise, the board had, for the first time, considered more than one candidate for the job, a reflection of the increasing clout of emerging market nations on the global stage.
This is indicative of the financial service industry's increasing adoption of emerging technology, fostering a greater interdependence between the tech and financial services industries.
