“The advanced economies are undergoing a period of massive upheaval, in which the middle classes, who for more than half a century have been the real driving force behind them, are being squeezed by a series of major changes ranging from digitalization to immigration flows, climate change, an ageing population and a rapidly-changing economic and social model. The consequences are the concrete risk of broad swathes of the population being excluded from growth and prosperity, and the related danger of social unrest. In such fragile times as these, it is the duty not only of the politicians but also the business leaders to make every effort to ensure that growth opportunities are distributed fairly, through ongoing commitment to innovative solutions which are able to meet the complexity of the challenges faced." says Alberto Nagel, CEO of Mediobanca, at the Bloomberg Global Business Forum.
New York, 20th September 2017